Homeless Outreach Team of Stark County Ohio

Analysis

Homeless Outreach Team of Stark County Ohio is a registered charity in United States, based in Louisville, OH. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Homeless Outreach Team of Stark County Ohio reported income of $128k and spending of $125k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $341k to $128k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homeless Outreach Team of Stark County Ohio sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Sweetwater Housing Development Inc Sequoyah Trail Apartments ($128k), Tomorrows Home Foundation Inc ($128k) and Ecothrive Housing ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.