Project Homeless Connect Washington County

Analysis

Project Homeless Connect Washington County is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in February 2020, 6 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 June 2023, Project Homeless Connect Washington County reported income of $3.2m and spending of $2.7m, spending 85% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $2.0m to $3.2m (+62%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Homeless Connect Washington County sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.2m), Community Homes Housing Development Fund Company ($3.2m) and House of Hope Community Development Corporation ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.7m against liabilities of $1.6m, net assets of $1.0m. It reported 28 employees.