Housing Our Veterans Inc

Analysis

Housing Our Veterans Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in December 2016, 10 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 August 2024, Housing Our Veterans Inc reported income of $939k and spending of $588k, leaving 37% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $347k to $939k (+171%), an average of +22% a year. The sharpest change came in the year to August 2023, when income rose by 455%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Our Veterans Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Woodside Village Inc ($939k), Wesley Manor Retirement Community Inc ($940k) and West Louisville Housing Corporation ($939k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $203k. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $384k. It reported 4 employees.