McLoughlin Memorial Association

Analysis

McLoughlin Memorial Association is a registered charity in United States, based in Oregon City, OR. It received its IRS tax-exemption ruling in August 1948, 78 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, McLoughlin Memorial Association reported income of $67k and spending of $57k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $56k to $67k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McLoughlin Memorial Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within OR. Charities of a similar size with the same main cause include Cold Spring Area Maennerchor Inc ($67k), MVL Community Charitable Development Group Inc ($67k) and Northwest Treasures ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 24% of the total. Other salaries and wages came to $11k. At year end it held assets of $661k against liabilities of $0, net assets of $661k. It reported 2 employees.