Oregon Health and Science University Foundation

Analysis

Oregon Health and Science University Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oregon Health and Science University Foundation reported income of $96.9m and spending of $160.3m, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $96.3m to $96.9m (+0.6%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon Health and Science University Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include St Marys University of Minnesota ($96.9m), Five Keys Schools and Programs ($97.0m) and Seton Hill University ($96.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $2.4m (1.5% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $1.62bn against liabilities of $80.3m, net assets of $1.54bn. It reported 146 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.