Southwest Georgia Housing Opportunities Inc

Analysis

Southwest Georgia Housing Opportunities Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southwest Georgia Housing Opportunities Inc reported income of $314k and spending of $337k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $341k to $314k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Georgia Housing Opportunities Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Armenian Eagles Foundation ($313k), Meals on Wheels of Summerville Incorporated ($314k) and Overseed ($313k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $45k (13% of expenses). Other salaries and wages came to $81k. At year end it held assets of $117k against liabilities of $71k, net assets of $46k. It reported 4 employees.