Multnomah Learning Academy

Analysis

Multnomah Learning Academy is a registered charity in United States, based in Fairview, OR. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Multnomah Learning Academy reported income of $7.6m and spending of $6.6m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.3m to $7.6m (+44%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Multnomah Learning Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include River Mill Academy ($7.6m), National Council of Teachers of English ($7.6m) and Waldorf Lutheran College Foundation Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $216k (3.3% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $15.0m against liabilities of $10.5m, net assets of $4.5m. It reported 100 employees.