RVM Grants Pass Housing Corporation

Analysis

RVM Grants Pass Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in March 1996, 30 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 June 2023, RVM Grants Pass Housing Corporation reported income of $238k and spending of $250k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $204k to $238k (+16%), an average of +3.9% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Grants Pass Housing Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Beech Valley Manor Inc ($237k), Beattie House Inc ($238k) and Habitat for Humanity Intl Inc ($237k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $54k. At year end it held assets of $699k against liabilities of $27k, net assets of $672k.

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.