Specialized Housing II Incorporated

Analysis

Specialized Housing II Incorporated is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in September 1983, 43 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 June 2023, Specialized Housing II Incorporated reported income of $82k and spending of $99k, spending 120% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $70k to $82k (+17%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Specialized Housing II Incorporated sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within OR. Charities of a similar size with the same main cause include Hco Investments Inc ($82k), Fair Housing Advocates Association Inc ($82k) and Florida Keys Community Land Trust Inc ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $89k against liabilities of $48k, net assets of $41k.