Rose Haven CIC

Analysis

Rose Haven CIC is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2007, 19 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, Rose Haven CIC reported income of $2.7m and spending of $2.2m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $947k to $2.7m (+187%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rose Haven CIC 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 89th percentile within OR. Charities of a similar size with the same main cause include Veterans Place of Washington Boulevard Inc ($2.7m), St Elizabeth Manor Inc ($2.7m) and Fair Share Housing Center Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $129k (5.8% of expenses). Other salaries and wages came to $981k. At year end it held assets of $5.8m against liabilities of $89k, net assets of $5.7m. It reported 30 employees.