Multiple Sclerosis Society of Portland Oregon Inc

Analysis

Multiple Sclerosis Society of Portland Oregon Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1952, 74 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Multiple Sclerosis Society of Portland Oregon Inc reported income of $50k and spending of $226k, spending 448% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $128k to $50k (-60%), an average of -21% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 180% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multiple Sclerosis Society of Portland Oregon Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OR. Charities of a similar size with the same main cause include Danny Fund Inc ($50k), International Autoimmune Encephalitis Society ($51k) and Health Equipment Loan Program ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% of the total. At year end it held assets of $22k against liabilities of $26k, net assets of -$3,486.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.