P Ear

Analysis

P Ear is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2001, 25 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 2023, P Ear reported income of $1.0m and spending of $1.8m, spending 176% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.0m (-36%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 57%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, P Ear sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Making It Possible to End Homelessness Inc ($1.0m), St Vincent de Paul Gardens Inc ($1.0m) and Rhe Properties Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $131k (7.3% of expenses). Other salaries and wages came to $636k. At year end it held assets of $3.9m against liabilities of $944k, net assets of $2.9m. It reported 16 employees.