South Waterfront Community Relations

Analysis

South Waterfront Community Relations is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, South Waterfront Community Relations reported income of $288k and spending of $260k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $288k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Waterfront Community Relations sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include Trail Recreation Effingham County ($288k), Greater Louisville Foundation Inc ($288k) and 5th Avenue and 4th Street Special Improvement District ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $114k (44% of expenses). Other salaries and wages came to $38k. At year end it held assets of $187k against liabilities of $7,849, net assets of $179k. It reported 2 employees.