Our Housing Mission Inc

Analysis

Our Housing Mission Inc is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in April 1984, 42 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 December 2023, Our Housing Mission Inc reported income of $309k and spending of $381k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $309k (+10%), an average of +2.5% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Housing Mission Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include The Partnership Initiatives Fund ($309k), Childrens Kiva ($309k) and Claymore Senior Center Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.4m against liabilities of $562k, net assets of $1.8m. It reported 2 employees.

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.