Salvation Army Portland Residences Inc

Analysis

Salvation Army Portland Residences Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Salvation Army Portland Residences Inc reported income of $585k and spending of $513k, spending 88% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $535k to $585k (+9.4%), an average of +3.0% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salvation Army Portland Residences Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Boojum Institute for Experiential Education ($585k), Mercy Housing Development Fund Company Inc ($585k) and Ottawa Residential Services Inc ($585k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Other salaries and wages came to $94k. At year end it held assets of $1.7m against liabilities of $47k, net assets of $1.7m. It reported 3 employees.