Portland Collective Housing Syndicate

Analysis

Portland Collective Housing Syndicate is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2008, 18 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 December 2023, Portland Collective Housing Syndicate reported income of $229k and spending of $58k, leaving 75% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $52k to $229k (+337%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 376%. Over the whole period it spent 42% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Portland Collective Housing Syndicate sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include St Joseph Community Land Trust ($229k), Heartland Hope and Homes Inc ($229k) and Susanne Corporation ($229k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $575k against liabilities of $121k, net assets of $454k.