RVM Grants Pass II Housing Corporation

Analysis

RVM Grants Pass II Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, RVM Grants Pass II Housing Corporation reported income of $183k and spending of $215k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $156k to $183k (+17%), an average of +4.1% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Grants Pass II Housing Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OR. Charities of a similar size with the same main cause include Pisgah Inc ($183k), Compound Impact Inc ($184k) and West Central Missouri Hickory Estates Inc ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.0m against liabilities of $36k, net assets of $980k.

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.