Livonia Opportunity House a Non-Profit Housing Corporation

Analysis

Livonia Opportunity House a Non-Profit Housing Corporation is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Livonia Opportunity House a Non-Profit Housing Corporation reported income of $808k and spending of $635k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $627k to $808k (+29%), an average of +6.5% a year. The sharpest change came in the year to September 2022, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Livonia Opportunity House a Non-Profit Housing Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Ozark Regional Share and Care Program Inc ($808k), A Cup of Cold Water ($808k) and Ksa Youth Foundation ($808k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $13k (2.0% of expenses). Other salaries and wages came to $345k. At year end it held assets of $1.2m against liabilities of $9,529, net assets of $1.2m.