H O P E Werner Housing Inc

Analysis

H O P E Werner Housing Inc is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in March 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, H O P E Werner Housing Inc reported income of $110k and spending of $120k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $93k to $110k (+18%), an average of +4.3% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, H O P E Werner Housing Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Kiryas Joel Housing Development Fund Company Incorporated ($110k), Douglas Housing Alternatives Inc ($110k) and Uhab Housing Development Fund Corporation ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $582k against liabilities of $864k, net assets of -$282k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.