Emerson Plaza Afforadable Housing Inc

Analysis

Emerson Plaza Afforadable Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 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 December 2023, Emerson Plaza Afforadable Housing Inc reported income of $207k and spending of $175k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $169k to $207k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Emerson Plaza Afforadable Housing Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OR. Charities of a similar size with the same main cause include Another Chance House of Refuge ($207k), Sterling Senior Housing ($207k) and Highview Unity Apartments Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $541k against liabilities of $119k, net assets of $422k.