Three West Housing

Analysis

Three West Housing is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1995, 31 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 2024, Three West Housing reported income of $179k and spending of $194k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $150k to $179k (+20%), an average of +4.6% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Three West Housing sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include SNHS Elderly Housing VIII Inc ($179k), North East Manor Inc ($179k) and Mental Retardation Communityservices of Nassau County - Project ($179k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $439k against liabilities of $21k, net assets of $419k.

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.