Multnomah Holiness Assoc

Analysis

Multnomah Holiness Assoc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Multnomah Holiness Assoc reported income of $101k and spending of $164k, spending 162% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $155k to $101k (-34%), an average of -10% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 124% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Multnomah Holiness Assoc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Ibis Foundation Inc ($101k), Russellville Youth Baseball Association Inc ($101k) and Fairness in Youth Sports Inc ($101k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $31k (19% of expenses). At year end it held assets of $2.0m against liabilities of $1,153, net assets of $2.0m. It reported 5 employees.

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.