Respond to Racism in Lake Oswego

Analysis

Respond to Racism in Lake Oswego is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Respond to Racism in Lake Oswego reported income of $135k and spending of $141k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $135k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Respond to Racism in Lake Oswego sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OR. Charities of a similar size with the same main cause include Meriden Historical Society Incorporated ($135k), Actors Studio of Newburyport Inc ($135k) and Seminar on the Acquisition of Latin American Library Materials ($135k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.