RVM Davis Housing Corporation

Analysis

RVM Davis Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in January 1999, 27 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 Davis Housing Corporation reported income of $623k and spending of $665k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $485k to $623k (+29%), an average of +6.5% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Davis Housing Corporation sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include Mississippi Housing Development ($623k), U Snap Bac Inc ($623k) and Our Saviors Manor Seniors Nonprofit Housing Corporation ($623k).

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 $120k. At year end it held assets of $3.3m against liabilities of $96k, net assets of $3.2m.

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.