Farmworker Housing Development Corporation

Analysis

Farmworker Housing Development Corporation is a registered charity in United States, based in Woodburn, OR. It received its IRS tax-exemption ruling in November 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, Farmworker Housing Development Corporation reported income of $12.8m and spending of $9.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $12.8m (+282%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 895%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Farmworker Housing Development Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Grand Central District Management Association Inc ($12.7m), Broadway Towers Inc ($12.8m) and Paramount Community Living and Rehab Inc ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $109k (1.2% of expenses). Other salaries and wages came to $865k. At year end it held assets of $95.5m against liabilities of $36.9m, net assets of $58.6m. It reported 13 employees.