Mainstream Housing Inc

Analysis

Mainstream Housing Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in May 1995, 31 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 December 2023, Mainstream Housing Inc reported income of $1.8m and spending of $2.1m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mainstream Housing Inc sits at the 81st percentile: it is larger than about 81% 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 De Sales Assisted Living Development Corp ($1.8m), Housing Whitefish Inc ($1.8m) and 138-152 W 143rd St Housing Developm Ent Fund Corporation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $106k (5.2% of expenses). Other salaries and wages came to $214k. At year end it held assets of $9.1m against liabilities of $2.7m, net assets of $6.4m. It reported 8 employees.