Western Nebraska Housing Opportunities

Analysis

Western Nebraska Housing Opportunities is a registered charity in United States, based in Scottsbluff, NE. It received its IRS tax-exemption ruling in September 2004, 22 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 2022, Western Nebraska Housing Opportunities reported income of $817k and spending of $352k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $582k to $817k (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 41% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Western Nebraska Housing Opportunities sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NE. Charities of a similar size with the same main cause include Ruth Harbor ($816k), United Way Capital Corporation ($817k) and Servolution Network Inc ($816k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 12% and program service revenue 28% of the total. At year end it held assets of $3.5m against liabilities of $18k, net assets of $3.5m.