Omaha Housing Authority Foundation Inc

Analysis

Omaha Housing Authority Foundation Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1988, 38 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Omaha Housing Authority Foundation Inc reported income of $57k and spending of $88k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $57k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Omaha Housing Authority Foundation Inc sits at the 13th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Coggins Square Inc ($57k), Fairview House ($57k) and Building Ohana ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $246k against liabilities of $12k, net assets of $234k.