Housing Opportunities of Northern Delaware Inc

Analysis

Housing Opportunities of Northern Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1981, 45 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 2023, Housing Opportunities of Northern Delaware Inc reported income of $187k and spending of $168k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $118k to $187k (+58%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities of Northern Delaware Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Casa Vida Corp ($187k), Safe Place Foundation ($187k) and Homes for McConnellsburg Inc ($186k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 65% of the total. At year end it held assets of $42k against liabilities of $40k, net assets of $1,692.