RVM Medford II Housing Corporation

Analysis

RVM Medford II Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in November 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 Medford II Housing Corporation reported income of $338k and spending of $372k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $290k to $338k (+17%), 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 Medford II Housing Corporation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Woodside Village II Inc ($338k), First Baptist Apple Street Housing Foundation ($338k) and Supporting Kidds Inc ($337k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $88k. At year end it held assets of $1.1m against liabilities of $50k, net assets of $1.1m.