Public Node

Analysis

Public Node is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Public Node reported income of $119k and spending of $24k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,931 to $119k (+3950%), an average of +3950% a year. The sharpest change came in the year to December 2023, when income rose by 3950%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Node sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OR. Charities of a similar size with the same main cause include Historic Aviation Memorial Museum Inc ($119k), The Encounter Outreach Inc ($119k) and The Bethel Memorial Incorporated ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.