Cascade Meadows Senior Apartments

Analysis

Cascade Meadows Senior Apartments is a registered charity in United States, based in The Dalles, OR. It received its IRS tax-exemption ruling in November 2010, 16 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, Cascade Meadows Senior Apartments reported income of $96k and spending of $158k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $96k (+10%), an average of +2.5% a year. Over the whole period it spent 170% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cascade Meadows Senior Apartments sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Housing Opportunities Mader Easier ($96k), Papaaloa Housing Inc ($96k) and Antioch Development Corporation ($96k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $2.6m against liabilities of $80k, net assets of $2.5m.

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.