Oregon Tech Foundation Inc

Analysis

Oregon Tech Foundation Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in October 1972, 54 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 2023, Oregon Tech Foundation Inc reported income of $6.4m and spending of $3.7m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $6.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon Tech Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Salisbury School Inc ($6.4m), Heritage Heights Academy Inc ($6.4m) and Promise Academy ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 0.3% of the total. Other salaries and wages came to $345k. At year end it held assets of $41.6m against liabilities of $3.4m, net assets of $38.2m.