Umpqua Community Development Corporation

Analysis

Umpqua Community Development Corporation is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in September 1991, 35 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, Umpqua Community Development Corporation reported income of $9.3m and spending of $9.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $9.3m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Umpqua Community Development Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Saints Incorporated ($9.3m), Lake Ridge Care Center of Buffalo Inc ($9.3m) and Landow House Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $164k (1.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $42.8m against liabilities of $14.0m, net assets of $28.7m. It reported 65 employees.