Willow Corporation
Analysis
Willow Corporation is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in December 1996, 30 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 2024, Willow Corporation reported income of $70k and spending of $87k, spending 123% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $70k (+0.0%), an average of +0.0% a year. Over the whole period it spent 123% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Willow Corporation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within OR. Charities of a similar size with the same main cause include Omega Gold Development Group Inc ($70k), A Better Life Housing ($70k) and Albina Plaza ($70k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $246k against liabilities of $15k, net assets of $231k.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 36%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Omega Gold Development Group Inc | Suitland | $70k |
| A Better Life Housing | Gladstone | $70k |
| Albina Plaza | Portland | $70k |
| West Philadelphia Consortium Transitional Housing Inc | Philadelphia | $70k |