Oregon Coast Boating Safety and Education Foundation

Analysis

Oregon Coast Boating Safety and Education Foundation is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Coast Boating Safety and Education Foundation reported income of $54k and spending of $74k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $54k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 89% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Oregon Coast Boating Safety and Education Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OR. Charities of a similar size with the same main cause include New Market Community Volunteer Fire Department Inc ($54k), Millstone Township Fire Company ($54k) and Waverly Avenue Carnival Company ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.