Columbia Cascade Housing Corporation

Analysis

Columbia Cascade Housing Corporation is a registered charity in United States, based in Stevenson, WA. It received its IRS tax-exemption ruling in May 1995, 31 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, Columbia Cascade Housing Corporation reported income of $4.5m and spending of $4.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.5m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Columbia Cascade Housing Corporation 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 91st percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include We Build Concord ($4.5m), My House ($4.5m) and A Better Way Ministries Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $26.6m against liabilities of $9.7m, net assets of $16.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.