Multnomah Athletic Foundation Inc

Analysis

Multnomah Athletic Foundation Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Multnomah Athletic Foundation Inc reported income of $382k and spending of $504k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $93k to $382k (+311%), an average of +42% a year. The sharpest change came in the year to June 2020, when income rose by 316%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Multnomah Athletic Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Mountain Road Soccer ($381k), Green Lake Greenways ($382k) and Fryeburg Recreation Department Inc ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $92k (18% of expenses). Other salaries and wages came to $62k. At year end it held assets of $3.4m against liabilities of $315k, net assets of $3.1m. It reported 2 employees.