Portland Housing Center

Analysis

Portland Housing Center is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1993, 33 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 June 2023, Portland Housing Center reported income of $3.4m and spending of $2.5m, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.7m to $3.4m (-61%), an average of -27% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Portland Housing Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Skyline Cap Inc ($3.4m), Tamarisk Inc ($3.4m) and Home Point Services Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $149k (6.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $19.0m against liabilities of $3.1m, net assets of $15.9m. It reported 21 employees.