Home Living Opportunities Inc

Analysis

Home Living Opportunities Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in March 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, Home Living Opportunities Inc reported income of $134k and spending of $134k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $120k to $134k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Living Opportunities Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Assistance & Resource Ministries ($134k), Helping Hands of Bismarck Ar ($134k) and Georgia Branch of the International Dyslexia Society Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Other salaries and wages came to $11k. At year end it held assets of $703k against liabilities of $341k, net assets of $362k.