Evolve Workforce & Multifamily Housing Services

Analysis

Evolve Workforce & Multifamily Housing Services is a registered charity in United States, based in Woodburn, OR. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Evolve Workforce & Multifamily Housing Services reported income of $1.4m and spending of $1.5m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.4m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Evolve Workforce & Multifamily Housing Services sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.4m), R O U S E RPC Inc ($1.4m) and Jubilee Womens Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $109k (7.2% of expenses). Other salaries and wages came to $235k. At year end it held assets of $600k against liabilities of $348k, net assets of $251k. It reported 24 employees.