Housing Opportunities Incorporated

Analysis

Housing Opportunities Incorporated is a registered charity in United States, based in Redmond, OR. It received its IRS tax-exemption ruling in July 1992, 34 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, Housing Opportunities Incorporated reported income of $65k and spending of $39k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $64k to $65k (+0.9%), an average of +0.9% a year. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Opportunities Incorporated sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within OR. Charities of a similar size with the same main cause include Dos Delos Inc ($65k), Alberta Manor Inc ($65k) and Marsh Island Corporation ($65k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $96k against liabilities of $30k, net assets of $66k.