Portland Affordable Housing Preservation Trust

Analysis

Portland Affordable Housing Preservation Trust is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2000, 26 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, Portland Affordable Housing Preservation Trust reported income of $1.2m and spending of $796k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $677k to $1.2m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Portland Affordable Housing Preservation Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include United Pejepscot Housing Inc Pejepscot Terrace ($1.2m), Second Farms Neighborhood Housing Development Fund Inc ($1.2m) and Grove Park Renewal Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 73% of the total. Other salaries and wages came to $67k. At year end it held assets of $4.9m against liabilities of $1,055, net assets of $4.9m.