Oregon · Nonprofit
THISTLE & NEST
THISTLE & NEST (Oregon) receives grants from 3 organizations whose IRS filings report $37,755 to it, the largest being THE ROUNDHOUSE FOUNDATION ($32,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $13M
- Funders on record
- 3
- Grants received
- $38k
- Net assets
- $8.5M
What Thistle & Nest does
Mission
Thistle & Nest's mission is to provide affordable housing to the local workforce which fosters a stable housing environment and creates the ability to build equity through homeownership.
As stated on its FY2025 Form 990.
Program
Development of affordable housing in central oregon. The organization uses the land trust model. Annually there is land lease revenue and related expenses to maintain the land. In the second year of operation, units have been sold to individuals to help them gain home ownership.
$7,847,048 spent$12,738,381 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $7,847,048.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $37M to $62M (+68%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 98% · 2024 0% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
1% of THISTLE & NEST’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of THISTLE & NEST’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THISTLE & NEST leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
85% of THISTLE & NEST's grant income comes from Oregon funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THISTLE & NEST runs a healthier operating margin than three-quarters of the 488 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 488 housing & shelter nonprofits $10M–$100M, FY2025
Government funding THISTLE & NEST receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10.5M on record.
- LOANS MADE-OTHER$7.1M
- DISTRIBUTION TO NON-PROFIT ORG$2.8M
- DISTRIBUTION TO NON-GOVERNMENTS$600k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THISTLE & NEST
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Oregon
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THISTLE & NEST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THISTLE & NEST?
- THISTLE & NEST (Oregon) receives grants from 3 organizations whose IRS filings report $37,755 to it, the largest being THE ROUNDHOUSE FOUNDATION ($32,000). 0 of them have funded it in more than one year.
- How many funders does THISTLE & NEST have?
- IRS filings report 3 organizations giving $37,755 in grants to THISTLE & NEST.
- Who is the largest funder of THISTLE & NEST?
- THE ROUNDHOUSE FOUNDATION is the largest funder on record, with $32,000 in grants. The full list of funders is on this page.
- How can an organization like THISTLE & NEST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Oregon. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Thistle & Nest →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing