Coalition For Housing Opportunities Inc
Housing Opportunities Nonprofit Maintains Operations Amidst Growing Liabilities.
EIN: 200135668 · Winchester, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $-895,494 |
| Transparency Score | 65/100 |
Is Coalition For Housing Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coalition For Housing Opportunities Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coalition For Housing Opportunities Inc
Coalition For Housing Opportunities Inc (EIN: 200135668) is a nonprofit organization based in Winchester, VA. The organization reported total revenue of $1.3M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coalition For Housing Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coalition For Housing Opportunities Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-228,450 |
| Total Assets | $1.4M |
| Total Liabilities | $2.3M |
| Net Assets | $-895,494 |
| Operating Margin | -16.9% |
| Debt-to-Asset Ratio | 162.4% |
| Months of Reserves | 10.9 months |
Financial Health Grade: C
In 2023, Coalition For Housing Opportunities Inc reported a deficit of $228K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 162.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Coalition For Housing Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | +10.1% | -7.9% |
| 2022 | +22.0% | +28.4% | +14.3% |
| 2021 | +22.7% | -9.5% | +27.5% |
| 2020 | -12.4% | +2.7% | +0.3% |
| 2019 | -3.7% | -2.4% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coalition For Housing Opportunities Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Coalition For Housing Opportunities Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $228K, with expenses exceeding revenue.
- Debt-to-asset ratio: 162.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer executive leadership or that executive salaries are categorized differently within the expense structure, requiring further investigation of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Coalition For Housing Opportunities Inc's IRS 990 filings:
- Liabilities consistently exceed assets, reaching $2,331,478 in 2023, indicating potential long-term financial risk.
- Expenses frequently exceed revenue (e.g., 2023, 2020, 2019), suggesting reliance on reserves or other funding mechanisms to cover operational costs.
- Lack of reported officer compensation in summary data could obscure leadership costs without further investigation of full 990 forms.
Strengths
The following positive indicators were identified for Coalition For Housing Opportunities Inc:
- Consistent operational scale with annual revenues generally exceeding $1 million over the past decade.
- Regular filing of IRS Form 990s for over 10 years demonstrates a commitment to transparency and compliance.
- Assets have shown modest growth, reaching $1,435,984 in 2023, indicating some capacity building.
Frequently Asked Questions about Coalition For Housing Opportunities Inc
Is Coalition For Housing Opportunities Inc a legitimate charity?
Coalition For Housing Opportunities Inc (EIN: 200135668) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Coalition For Housing Opportunities Inc spend its money?
Coalition For Housing Opportunities Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Coalition For Housing Opportunities Inc tax-deductible?
Coalition For Housing Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 200135668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coalition For Housing Opportunities Inc's spending goes to programs?
Coalition For Housing Opportunities Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Coalition For Housing Opportunities Inc located?
Coalition For Housing Opportunities Inc is headquartered in Winchester, Virginia and files with the IRS under EIN 200135668.
How many years of IRS 990 filings does Coalition For Housing Opportunities Inc have?
Coalition For Housing Opportunities Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
What is the nature of the organization's significant and growing liabilities?
The IRS 990 summary data shows liabilities of $2,331,478 in 2023, consistently exceeding assets. A deeper review of the full 990 would be needed to understand if these are program-related liabilities (e.g., mortgages on affordable housing units), restricted funds, or other forms of debt.
How does the organization fund its operations when expenses exceed revenue, as seen in 2023?
In 2023, expenses ($1,583,263) exceeded revenue ($1,354,813) by over $200,000. This could be covered by drawing down reserves, utilizing prior year surpluses, or through new debt, which would be clarified by examining the full financial statements.
Are there any executive salaries or significant compensation for key employees not reported as 'officer compensation'?
The summary data consistently shows 0% officer compensation. To fully understand leadership costs, the full IRS 990 Part VII (Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors) would need to be reviewed.
Filing History
IRS 990 filing history for Coalition For Housing Opportunities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coalition For Housing Opportunities Inc's revenue has grown by 84.3%, moving from $735K to $1.4M. Total assets increased by 3.2% over the same period, from $1.4M to $1.4M. Total functional expenses rose by 67%, from $948K to $1.6M. In its most recent filing year (2023), Coalition For Housing Opportunities Inc reported a deficit of $228K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $1.4M in assets (debt-to-asset ratio: 162.4%), resulting in net assets of $-895,494.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.6M | $1.4M | $2.3M | — | — |
| 2022 | $1.5M | $1.4M | $1.6M | $2.2M | — | — |
| 2021 | $1.2M | $1.1M | $1.4M | $2.1M | — | View 990 |
| 2020 | $1.0M | $1.2M | $1.1M | $1.9M | — | View 990 |
| 2019 | $1.2M | $1.2M | $1.1M | $1.7M | — | View 990 |
| 2018 | $1.2M | $1.2M | $1.1M | $1.7M | — | View 990 |
| 2017 | $1.2M | $1.2M | $1.1M | $1.7M | — | — |
| 2016 | $1.1M | $1.2M | $1.2M | $1.7M | — | View 990 |
| 2015 | $1.0M | $1.1M | $1.2M | $1.7M | — | View 990 |
| 2014 | $1.1M | $1.1M | $1.3M | $1.7M | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.3M | $1.7M | — | View 990 |
| 2012 | $823K | $1.0M | $1.3M | $1.8M | — | View 990 |
| 2011 | $735K | $948K | $1.4M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.6M, and assets of $1.4M (revenue -10.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.6M (revenue +22.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.4M (revenue +22.7% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.2M, and assets of $1.1M (revenue -12.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -3.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +2.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +3.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $1.2M (revenue +11.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $1.2M (revenue -8.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1.3M (revenue -4.7% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +41.3% year-over-year).
- 2012: Revenue of $823K, expenses of $1.0M, and assets of $1.3M (revenue +11.9% year-over-year).
- 2011: Revenue of $735K, expenses of $948K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coalition For Housing Opportunities Inc:
Data Sources and Methodology
This transparency report for Coalition For Housing Opportunities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.