Portland Metro Residential Services

Analysis

Portland Metro Residential Services is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Portland Metro Residential Services reported income of $6.0m and spending of $5.6m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.1m to $6.0m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portland Metro Residential Services sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Friends Association for Care & Protection of Children ($6.0m), Young Mens Christian Assoc of Anderson South Carolina Inc ($6.0m) and Integrated Community Services ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $84k (1.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $7.7m against liabilities of $891k, net assets of $6.8m. It reported 72 employees.