Exodus Housing

Analysis

Exodus Housing is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in May 1995, 31 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, Exodus Housing reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Exodus Housing sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Affordable Housing Corporation of Marion Indiana ($1.2m), Grundy Development Corporation ($1.2m) and Highbridge Senior Housing Development Fund Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (6.2% of expenses). Other salaries and wages came to $165k. At year end it held assets of $411k against liabilities of $71k, net assets of $340k. It reported 5 employees.