North-Northeast Business

Analysis

North-Northeast Business is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, North-Northeast Business reported income of $439k and spending of $895k, spending 204% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $302k to $439k (+45%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North-Northeast Business sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Family Voices Colorado Inc ($439k), Ivy Womens Center Inc ($439k) and Off the Streets Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $267k (30% of expenses). Other salaries and wages came to $149k. At year end it held assets of $198k against liabilities of $181k, net assets of $17k. It reported 5 employees.