Oregon Nanoscience and Microtechnologies Institute

Analysis

Oregon Nanoscience and Microtechnologies Institute is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Oregon Nanoscience and Microtechnologies Institute reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.4m (+16%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income dropped by 40%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon Nanoscience and Microtechnologies Institute sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Whitefish Christian Academy ($1.4m), Bloomington Developmental Learning Center Incorporated ($1.4m) and Future Founders Foundation ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 128% of the total. Compensation of current officers, directors and key employees was $197k (15% of expenses). At year end it held assets of $3.8m against liabilities of $52k, net assets of $3.7m. It reported 2 employees.