Oslc Developments Inc

Analysis

Oslc Developments Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 September 2023, Oslc Developments Inc reported income of $9.7m and spending of $8.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $9.7m (+164%), an average of +27% a year. The sharpest change came in the year to September 2020, when income rose by 62%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oslc Developments Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Carolina Ballet Inc ($9.7m), Loggerhead Marinelife Center Inc ($9.7m) and Alabama Shakespeare Festival Inc ($9.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $454k (5.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $7.4m against liabilities of $3.0m, net assets of $4.4m. It reported 54 employees.