Morrison Foundation

Analysis

Morrison Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Morrison Foundation reported income of $330k and spending of $321k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $288k to $330k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. 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, Morrison Foundation 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 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Firefighters of Southern Nevada Burn Foundation ($330k), Marine Thrift Shop ($330k) and Cliff Haven Adult Day Health Care Inc ($329k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $944k against liabilities of $399k, net assets of $546k.