Blanchet House of Hospitality

Analysis

Blanchet House of Hospitality is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1954, 72 years ago. 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, Blanchet House of Hospitality reported income of $3.8m and spending of $2.4m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.2m to $3.8m (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 162%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blanchet House of Hospitality sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Special Education Center of Hawaii ($3.8m), Urban Revival Inc ($3.8m) and True Access Capital Corporation ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $81k (3.4% of expenses). Other salaries and wages came to $667k. At year end it held assets of $26.1m against liabilities of $141k, net assets of $26.0m.