Diocesan Bureau of Housing Deering Pavilion

Analysis

Diocesan Bureau of Housing Deering Pavilion is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Diocesan Bureau of Housing Deering Pavilion reported income of $2.6m and spending of $2.8m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $2.6m (+11%), an average of +3.5% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Diocesan Bureau of Housing Deering Pavilion sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ME. Charities of a similar size with the same main cause include North Columbus Jaycee Housing Inc ($2.6m), Ezekiel Foundation Inc ($2.6m) and West Chicago Preservation Corp ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $9.6m against liabilities of $8.9m, net assets of $726k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.