Hfho Real Estate Holdings Inc

Analysis

Hfho Real Estate Holdings Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hfho Real Estate Holdings Inc reported income of $2.9m and spending of $3.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $2.9m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hfho Real Estate Holdings Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include World Learner School of Chaska ($2.9m), Evergreen Youth & Family Serv Inc ($2.9m) and Oaklake Community Housing Development Corporation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $7.4m against liabilities of $6.7m, net assets of $749k.