RVM Lively Oak Housing Corporation
Analysis
RVM Lively Oak Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in January 1994, 32 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 Lively Oak Housing Corporation reported income of $668k and spending of $539k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $668k (+22%), an average of +5.0% a year. Over the whole period it spent 103% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Lively Oak Housing Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Baptist Housing Inc ($668k), Bayview Senior Housing Inc ($668k) and Montebello Housing Development Corporation ($668k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.8m against liabilities of $114k, net assets of $1.7m.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 42%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Baptist Housing Inc | Corbin | $668k |
| Bayview Senior Housing Inc | San Francisco | $668k |
| Montebello Housing Development Corporation | Montebello | $668k |
| Marygrove Nonprofit Housing Corporation II | Warren | $668k |