Okaloosa Walton Homeless Continuum of Care Opportunity Inc

Analysis

Okaloosa Walton Homeless Continuum of Care Opportunity Inc is a registered charity in United States, based in Fort Walton Beach, FL. It received its IRS tax-exemption ruling in August 2006, 20 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 June 2023, Okaloosa Walton Homeless Continuum of Care Opportunity Inc reported income of $983k and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $871k to $983k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 221%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Okaloosa Walton Homeless Continuum of Care Opportunity Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Men of Men Inc ($983k), Stryker Housing Development Fund Co Inc ($983k) and Hannibal Square Community Land Trust Inc ($983k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (6.1% of expenses). Other salaries and wages came to $126k. At year end it held assets of $90k against liabilities of $50k, net assets of $40k. It reported 7 employees.