Ashland Supportive Housing and Community Outreach Inc

Analysis

Ashland Supportive Housing and Community Outreach Inc is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 2024, Ashland Supportive Housing and Community Outreach Inc reported income of $1.9m and spending of $1.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Supportive Housing and Community Outreach Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Arc of Denver Inc ($1.9m), Concord Center Association Inc ($1.9m) and Massachusetts Adoption Resource Exchange Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $103k (5.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.8m against liabilities of $312k, net assets of $2.5m. It reported 36 employees.

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.