Livelihood NW

Analysis

Livelihood NW is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2019, 7 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 June 2023, Livelihood NW reported income of $1.2m and spending of $988k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $417k to $1.2m (+179%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Livelihood NW sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Citizen Science Lab ($1.2m), Beginning Futures 2 ($1.2m) and Cartmell Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $127k (13% of expenses). Other salaries and wages came to $519k. At year end it held assets of $1.1m against liabilities of $253k, net assets of $837k. It reported 13 employees.