Micro Enterprise Services of Oregon

Analysis

Micro Enterprise Services of Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Micro Enterprise Services of Oregon reported income of $14.1m and spending of $14.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $14.1m (+416%), an average of +51% a year. The sharpest change came in the year to June 2021, when income rose by 576%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Micro Enterprise Services of Oregon sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Assets Incorporated ($14.0m), Campus Partners for Community Urban Redevelopment ($14.1m) and Shift Work Forward Inc ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $295k (2.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $16.5m against liabilities of $4.0m, net assets of $12.5m. It reported 52 employees.