Money Quotient NP

Analysis

Money Quotient NP is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Money Quotient NP reported income of $64k and spending of $77k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $565k to $64k (-89%), an average of -42% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Money Quotient NP sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OR. Charities of a similar size with the same main cause include Beam Housing Services Inc ($64k), Erie Community Food Pantry ($64k) and Hope for Kids Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $32k (41% of expenses). Other salaries and wages came to $5,333. At year end it held assets of $189k against liabilities of $5,094, net assets of $184k.