Albertina Kerr Centers

Analysis

Albertina Kerr Centers is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Albertina Kerr Centers reported income of $45.6m and spending of $45.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.4m to $45.6m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albertina Kerr Centers sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Maryville Academy ($45.6m), The Center for Developmental Disabilities Inc ($45.6m) and Dare to Care Inc ($45.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $516k (1.1% of expenses). Other salaries and wages came to $28.5m. At year end it held assets of $61.4m against liabilities of $6.9m, net assets of $54.5m. It reported 818 employees.