Network for Oregon Affordable Housing

Analysis

Network for Oregon Affordable Housing is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1992, 34 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, Network for Oregon Affordable Housing reported income of $8.1m and spending of $7.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $8.1m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Network for Oregon Affordable Housing sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Operation Dignity Inc ($8.1m), Ikaika Ohana ($8.1m) and Jerome Avenue Care for the Homeless ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $318k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $219.8m against liabilities of $196.0m, net assets of $23.8m. It reported 18 employees.