Housing Opportunities Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Housing Opportunities DBA CoAction works to resolve and prevent homelessness in our communities by providing emergency housing, permanent supportive housing, affordable rentals, rental assistance, housing counseling, street outreach services, and supportive case management.
- Income
- $1.5 million
- Spending
- $1.5 million
- Spent on programs
- 91%
- Reserves
- 12.1 months of spending
- Largest source of income
- government grants, 59%
- Employees
- 0
- Volunteers
- 5
- Highest pay
- $209,933, president/chief executive
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 51% of charities in its peer group (human services, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 12.1 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
0 of 15Income fell 74% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $502,838 spent. Affordable Rentals - Income-based rental housing to provide lower income individuals and families with access to safe, affordable housing. 458 clients housed in the six months 7/1/24 to 12/31/24. As of 12/31/24, Housing Opportunities DBA CoAction owns and/or manages 222 Affordable Rental units outright and through low-income housing tax credit partnerships.
- $418,110 spent. Permanent Supportive Housing - Supportive rental housing and individualized case management services for persons/families with diagnosed disabilities. 148 clients were housed during the six months 7/1/24 to 12/31/24. Housing Opportunities DBA CoAction owned and/or managed 67 Permanent Supportive Housing units as 12/31/24.
- $194,223 spent. Homeless Resources - We provide emergency housing and supportive wraparound services for individuals and families experiencing homelessness. Resource center offers showers, laundry, kitchen, food pantry, lockers, access to phone and computers, along with case management services. 158 clients were housed during the six months 7/1/24 to 12/31/24.With our Street Outreach program, we provide direct connection and resource support for persons experiencing homelessness. Services include access to our resource center, connection to community resources, and personal support. 36 clients were served during the six months 7/1/24 to 12/31/24.
- $250,220 spent. Rental Assistance (Rapid Rehousing) - Financial assistance and services to prevent individuals and families from becoming homeless or to help those who are experiencing homelessness to be quickly re-housed and stabilized in rental units within the community. Housing Opportunities, Inc DBA CoAction housed 48 Rental Assistance clients during the six months 7/1/24 to 12/31/24.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.