RVM Mansfield Housing Corporation

Analysis

RVM Mansfield Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in January 2005, 21 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 June 2023, RVM Mansfield Housing Corporation reported income of $460k and spending of $592k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $348k to $460k (+32%), an average of +7.2% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Mansfield Housing Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($460k), 5199 Mission Street Senior Housing Inc ($460k) and Rivertown Neighborhood Senior Non Profit Housing Corporation ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Other salaries and wages came to $162k. At year end it held assets of $3.3m against liabilities of $80k, net assets of $3.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.