Opportunities for Housing Resources and Assistance Inc

Analysis

Opportunities for Housing Resources and Assistance Inc is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in June 2014, 12 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, Opportunities for Housing Resources and Assistance Inc reported income of $3.0m and spending of $2.4m, spending 80% of its income. Across the 6 years on record, from December 2018 to June 2023, income grew from $271k to $3.0m (+989%), an average of +61% a year. The sharpest change came in the year to June 2021, when income rose by 1267%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Opportunities for Housing Resources and Assistance Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Family Scholar House Inc ($2.9m), Rocky Mountain Community Land Trust ($3.0m) and Seven Oaks Community Homes ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $6.0m against liabilities of $116k, net assets of $5.9m. It reported 63 employees.