Housing Opportunities for People

Analysis

Housing Opportunities for People is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in May 2018, 8 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, Housing Opportunities for People reported income of $1.1m and spending of $683k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.1m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 206%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities for People sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Sharon Towers Foundation ($1.1m), Westchester County Habitat for Humanity Inc ($1.1m) and Villa San Luis Charitable Trust ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 36% of the total. At year end it held assets of $3.5m against liabilities of $15k, net assets of $3.5m.