Housing Opportunities Made Equal of Greater Cincinnati Inc

Analysis

Housing Opportunities Made Equal of Greater Cincinnati Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1966, 60 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Housing Opportunities Made Equal of Greater Cincinnati Inc reported income of $1.4m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $864k to $1.4m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities Made Equal of Greater Cincinnati Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Bridgeview Estates Inc ($1.4m), The National Energy and Utility Affordability Coalition ($1.4m) and R O U S E RPC Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Other salaries and wages came to $731k. At year end it held assets of $741k against liabilities of $216k, net assets of $525k. It reported 35 employees.