Oregon Translational Research Anddrug Development Institute

Analysis

Oregon Translational Research Anddrug Development Institute is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2023, Oregon Translational Research Anddrug Development Institute reported income of $1.8m and spending of $2.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon Translational Research Anddrug Development Institute sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Western New Mexico University Foundation ($1.8m), Foundation West ($1.8m) and Black Sustainability Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $185k (9.1% of expenses). Other salaries and wages came to $258k. At year end it held assets of $16.2m against liabilities of $11.8m, net assets of $4.3m. It reported 5 employees.