Faithbridge Portland

Analysis

Faithbridge Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Faithbridge Portland reported income of $321k and spending of $332k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $321k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faithbridge Portland sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OR. Charities of a similar size with the same main cause include Antioch Housing Fund Corporation ($321k), Chandler Project ($321k) and Wesley Health Center Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $129k (39% of expenses). Other salaries and wages came to $50k. At year end it held assets of $55k against liabilities of $4,674, net assets of $51k. It reported 7 employees.