Union Retirement Association

Analysis

Union Retirement Association is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in November 1987, 39 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, Union Retirement Association reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $822k to $1.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Union Retirement Association 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 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include West Georgia Domestic Violence Shelter Inc ($1.2m), Teamsters Assistance Programs Inc ($1.2m) and Cranbury Housing Associates ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $135k. At year end it held assets of $7.9m against liabilities of $7.8m, net assets of $73k.