Belong Art Community

Analysis

Belong Art Community is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2021, 5 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 December 2023, Belong Art Community reported income of $360k and spending of $546k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $487k to $360k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Belong Art Community 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 65th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Access Senior Housing of Franklin Inc ($360k), Genesis Affordable Housing Coalition Inc ($360k) and Generating Hope Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 95% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.