Housing Options Provided for the Elderly Incorporated

Analysis

Housing Options Provided for the Elderly Incorporated is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 March 2023, Housing Options Provided for the Elderly Incorporated reported income of $787k and spending of $788k, spending 100% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $703k to $787k (+12%), an average of +3.8% a year. The sharpest change came in the year to March 2021, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Options Provided for the Elderly Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Down Syndrome Organization of Southern Nevada ($787k), New England Association for College Admission Counseling ($787k) and High Horses Center for Equine - Assisted Services Inc ($787k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $171k. At year end it held assets of $276k against liabilities of $138k, net assets of $138k. It reported 9 employees.