Do Good Multnomah

Analysis

Do Good Multnomah is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Do Good Multnomah reported income of $17.0m and spending of $17.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $17.0m (+774%), an average of +72% a year. The sharpest change came in the year to June 2020, when income rose by 139%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Do Good Multnomah sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include California Community Reinvestment Corporation ($17.0m), Cinnaire Lending Corporation ($17.0m) and Connections for the Homeless Inc ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $261k (1.5% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $5.0m against liabilities of $1.7m, net assets of $3.3m. It reported 282 employees.