Specialized Housing V Incorporated

Analysis

Specialized Housing V Incorporated is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 1984, 42 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 V Incorporated reported income of $66k and spending of $44k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $60k to $66k (+10%), an average of +10% a year. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Specialized Housing V Incorporated sits at the 15th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include Second Chance Housing ($66k), At-Risk Community Services Inc ($66k) and Town and Country Lodges Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $186k against liabilities of $130k, net assets of $56k.