Metro Portland Housing Industry Foundation

Analysis

Metro Portland Housing Industry Foundation is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Metro Portland Housing Industry Foundation reported income of $567k and spending of $483k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $567k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Metro Portland Housing Industry Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include National Foundation for Integrative Medicine Inc ($567k), Homeward Bound Animal Welfare Group Inc ($567k) and Vestavia Hills City Schools Foundation ($566k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $93k (19% of expenses). Other salaries and wages came to $84k. At year end it held assets of $1.4m against liabilities of $31k, net assets of $1.4m. It reported 4 employees.