Squareone Villages

Analysis

Squareone Villages is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in August 2013, 13 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, Squareone Villages reported income of $2.4m and spending of $6.4m, spending 266% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $954k to $2.4m (+150%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 320%. Over the whole period it spent 58% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Squareone Villages sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Sierra Saving Grace Homeless Project ($2.4m), Samaritan Ministries ($2.4m) and Chautauqua Home Rehabilitation & Improvement Corp ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $196k (3.1% of expenses). Other salaries and wages came to $241k. At year end it held assets of $13.6m against liabilities of $4.1m, net assets of $9.5m. It reported 22 employees.