Community Housing III Inc

Analysis

Community Housing III Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2003, 23 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, Community Housing III Inc reported income of $221k and spending of $318k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $221k (-1.1%), an average of -0.3% a year. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Housing III Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Housing 1989 ($221k), Pacific Grove Supportive Housing Inc ($222k) and 201 Thurbers Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. At year end it held assets of $2.1m against liabilities of $271k, net assets of $1.8m.

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.