Housing Opportunities and People Enterprises Inc

Analysis

Housing Opportunities and People Enterprises Inc is a registered charity in United States, based in Huntsville, TN. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 2024, Housing Opportunities and People Enterprises Inc reported income of $118k and spending of $164k, spending 139% of what it took in. The sharpest change came in the year to June 2021, when income rose by 334%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Opportunities and People Enterprises Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Christian Counseling Services Inc ($118k), Baltimore Architecture Foundation Inc ($118k) and Friends of the Lewes Public Library Inc ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $81k (49% of expenses). At year end it held assets of $742k against liabilities of $170k, net assets of $572k. It reported 2 employees.