501 Collective

Analysis

501 Collective is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, 501 Collective reported income of $151k and spending of $149k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $151k (-6.1%), an average of -6.1% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 501 Collective sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OR. Charities of a similar size with the same main cause include Anchor Bay Community Giving Tree ($151k), Road to 120-Education Equity for Young Women Inc ($151k) and Whiteford Taylor & Preston Charitable TR ($151k).

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 $17k against liabilities of $0, net assets of $17k.