Northwest Mothers Milk Bank
Analysis
Northwest Mothers Milk Bank is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Northwest Mothers Milk Bank reported income of $2.6m and spending of $2.9m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Mothers Milk Bank sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Anmed Health Foundation ($2.6m), Noras Gift Foundation Inc ($2.6m) and The Carousel Center Inc ($2.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $220k (7.6% of expenses). Other salaries and wages came to $784k. It paid $1,030 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $548k, net assets of $1.4m. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.9%
- Program services 95%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Anmed Health Foundation | Anderson | $2.6m |
| Noras Gift Foundation Inc | Houston | $2.6m |
| The Carousel Center Inc | Wilmington | $2.6m |
| Tmc3 Development Corporation | Houston | $2.6m |