Multnomah Hot Rod Council Inc

Analysis

Multnomah Hot Rod Council Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, Multnomah Hot Rod Council Inc reported income of $278k and spending of $246k, spending 88% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $48k to $278k (+482%), an average of +141% a year. The sharpest change came in the year to May 2023, when income rose by 667%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Multnomah Hot Rod Council Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include NPC FF ($278k), Rockwall and Heath Lacrosse Inc ($278k) and Roslyn Booster Basketball Club Inc ($278k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.