Historic Willamette a Main Street Community

Analysis

Historic Willamette a Main Street Community is a registered charity in United States, based in West Linn, OR. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Historic Willamette a Main Street Community reported income of $90k and spending of $113k, spending 126% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $66k to $90k (+36%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Historic Willamette a Main Street Community sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OR. Charities of a similar size with the same main cause include Trinity Foundation Inc ($90k), Hopesprings Counseling Inc ($90k) and Transformations Thrift Store ($90k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $16k against liabilities of $20k, net assets of -$4,232.