Salem Y Veterans Housing is a 501(c)(3) organization based in Salem, Oregon, registered in 2021, with $1,347,939 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▼ 69.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$608K
Net assets
$8.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Salem Y Veterans Housing— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Salem Y Veterans Housing: 160 mo reserves · +55% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Salem Y Veterans Housing— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Salem Y Veterans Housing: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $339K (FY2020) to $1.3M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
54.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.1M
Total liabilities
$42K
Net assets
$8.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,347,939▼69.8% | $607,636▲201% | $8,088,981▲10.1% | $8,131,394▲10.1% | 990 |
| 2023 | $4,465,790▲31.6% | $201,734▼45.6% | $7,348,678▲138% | $7,382,902▲139% | 990 |
| 2022 | $3,392,197▲728% | $370,783▲2.6% | $3,084,622▲4780% | $3,084,622▲4780% | 990 |
| 2021 | $409,657▲20.7% | $361,550▲11.5% | $63,208▲319% | $63,208▲319% | 990 |
| 2020 | $339,280 | $324,179 | $15,101 | $15,101 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Salem Y Veterans Housing (EIN 85-1087665) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.