Ecunet Housing Inc

Analysis

Ecunet Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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 2024, Ecunet Housing Inc reported income of $100k and spending of $136k, spending 136% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $94k to $100k (+6.6%), an average of +1.6% a year. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ecunet Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within OR. Charities of a similar size with the same main cause include National Federation of the Blind of Oregon ($100k), Kippers Gymnastics Inc ($100k) and Parent Teacher Association of Public School 23 ($100k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $569k against liabilities of $172k, net assets of $396k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.