Ozark Housing Development Inc

Analysis

Ozark Housing Development Inc is a registered charity in United States, based in Ozark, AL. It received its IRS tax-exemption ruling in May 1997, 29 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 March 2024, Ozark Housing Development Inc reported income of $583k and spending of $605k, spending 104% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $511k to $583k (+14%), an average of +3.3% a year. The sharpest change came in the year to March 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ozark Housing Development Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Retail Store Employees Building Corporation ($583k), Benevolence Farm ($583k) and September Place Retirement Village Inc ($583k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $139k (23% of expenses). Other salaries and wages came to $319k. At year end it held assets of $341k against liabilities of $5,019, net assets of $336k. It reported 16 employees.