Hillsboro Supportive Housing Inc

Analysis

Hillsboro Supportive Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 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 2023, Hillsboro Supportive Housing Inc reported income of $276k and spending of $280k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $276k (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hillsboro Supportive Housing Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include Oglala Sioux Tribe Partnership for Housing Inc ($276k), Journey Home Inc ($276k) and Apartments at Orchard View Inc ($276k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $61k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m.