RVM Portland II Houisng Corporation

Analysis

RVM Portland II Houisng Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in April 2002, 24 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 June 2023, RVM Portland II Houisng Corporation reported income of $468k and spending of $476k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $339k to $468k (+38%), an average of +8.4% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Portland II Houisng Corporation 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 Mecklenburg Hud Group Home No 1 Inc ($468k), Unseen Faces Foundation Inc ($468k) and Eastwood Senior Housing Inc ($468k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $86k. At year end it held assets of $2.6m against liabilities of $65k, net assets of $2.6m.

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.