Specialized Housing I Incorporated

Analysis

Specialized Housing I Incorporated is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in October 1997, 29 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, Specialized Housing I Incorporated reported income of $77k and spending of $91k, spending 118% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $72k to $77k (+6.9%), an average of +6.9% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Specialized Housing I Incorporated sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Hunters Hill Inc ($77k), Willard & Alpha Wiegrefe Foundation ($77k) and Kinkead Foundation ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $107k against liabilities of $187k, net assets of -$80k.