Cascadia Housing Inc

Analysis

Cascadia Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Cascadia Housing Inc reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.5m (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cascadia Housing Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Marian Center School and Services ($2.5m), Ocean State Center for Independent Living ($2.5m) and Northwest Community Connections Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $15.1m against liabilities of $6.9m, net assets of $8.2m.