M Carter Plaza

Analysis

M Carter Plaza is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2005, 21 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, M Carter Plaza reported income of $471k and spending of $414k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $431k to $471k (+9.2%), an average of +2.2% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, M Carter Plaza sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Ridgeview Terrace Inc ($471k), Ehc Cornerstone Inc ($471k) and Washington Housing Nonprofit Inc Marc a Recko ($471k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $2.1m against liabilities of $48k, net assets of $2.1m.