Lao Senior Association of Oregon

Analysis

Lao Senior Association of Oregon is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Lao Senior Association of Oregon reported income of $97k and spending of $109k, spending 113% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $163k to $97k (-41%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lao Senior Association of Oregon sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include USA Swimming Inc ($97k), Friends of Kern County Library Inc ($97k) and PTA California Congress of Parents Teachers & Students Inc ($97k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $130k, net assets of $0.