Laurelhurst Neighborhood Assoc

Analysis

Laurelhurst Neighborhood Assoc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Laurelhurst Neighborhood Assoc reported income of $207k and spending of $181k, spending 87% of its income. Across the 4 years on record, from May 2021 to December 2023, income fell from $2.1m to $207k (-90%), an average of -54% a year. The sharpest change came in the year to May 2022, when income dropped by 90%. Over the whole period it spent 22% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Laurelhurst Neighborhood Assoc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Grotto Community Center ($207k), Love Laugh and Live Foundation Inc ($207k) and Rockridge District Association ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $2.1m against liabilities of $422, net assets of $2.1m.