Opportunity Housing Inc of Putnam County

Analysis

Opportunity Housing Inc of Putnam County is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Opportunity Housing Inc of Putnam County reported income of $858k and spending of $528k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $506k to $858k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Opportunity Housing Inc of Putnam County sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include The Arc of Greater Houston ($858k), Community Council of St Charles County ($858k) and Texas Hearing and Service Dogs Inc ($858k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 64% of the total. Other salaries and wages came to $137k. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $677k. It reported 5 employees.