Housing Opportunities Community Partners Inc

Analysis

Housing Opportunities Community Partners Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in August 1999, 27 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 Community Partners Inc reported income of $333k and spending of $236k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $320k to $333k (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities Community Partners Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Indiantown Non Profit Housing Inc ($333k), Metropolitan Housing Coalition Information Service Fund ($333k) and Sartell Senior Housing Inc ($333k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $622k against liabilities of $1,947, net assets of $620k.