Portland Supportive Housing Inc

Analysis

Portland Supportive Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1997, 29 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, Portland Supportive Housing Inc reported income of $254k and spending of $276k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $123k to $254k (+107%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Portland Supportive Housing Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within OR. Charities of a similar size with the same main cause include Passumpsic View Inc ($254k), Clinton House Non-Profit Housing Corporation ($254k) and HFL Ashtabula Homes ($254k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $42k. At year end it held assets of $799k against liabilities of $20k, net assets of $780k.

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.