Missing Middle Housing Fund

Analysis

Missing Middle Housing Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2023, 3 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, Missing Middle Housing Fund reported income of $3.2m and spending of $197k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $3.2m (+3072%), an average of +3072% a year. The sharpest change came in the year to December 2023, when income rose by 3072%. Over the whole period it spent 8.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Missing Middle Housing Fund 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 Tempe Coalition for Affordable Housing Inc ($3.2m), New Hope Development Services Inc ($3.2m) and A Step to Freedom ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $83k (42% of expenses). At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 1 employees.