Willamette Information News and Entertainment Sevice

Analysis

Willamette Information News and Entertainment Sevice is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, 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 June 2023, Willamette Information News and Entertainment Sevice reported income of $61k and spending of $70k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $68k to $61k (-10%), an average of -10% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Willamette Information News and Entertainment Sevice sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Strong Ties ($61k), South Central Threshers Association ($61k) and Arts Alive 45 Inc ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $35k, net assets of $67k.