Providence Milwaukie Foundation

Analysis

Providence Milwaukie Foundation is a registered charity in United States, based in Milwaukie, OR. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Providence Milwaukie Foundation reported income of $748k and spending of $909k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $995k to $748k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Providence Milwaukie Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include South Jefferson Rescue Squad Inc ($748k), Wellsville Volunteer Ambulance Corp Inc ($749k) and Pittsburgh Free Dispensary Incorporated ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $78k. At year end it held assets of $9.7m against liabilities of $1.2m, net assets of $8.5m.