Earth Advantage Inc

Analysis

Earth Advantage Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2006, 20 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, Earth Advantage Inc reported income of $9.6m and spending of $9.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $9.6m (+233%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Earth Advantage Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Gilman Housing Trust Inc ($9.6m), Grand Street Northwest Inc ($9.6m) and Homeless Emergency Project Inc ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $193k (1.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $6.8m against liabilities of $5.0m, net assets of $1.9m. It reported 50 employees.