Somali American Council of Oregon
Analysis
Somali American Council of Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Somali American Council of Oregon reported income of $1.1m and spending of $898k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $939k to $1.1m (+21%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 187%. Over the whole period it spent 84% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Somali American Council of Oregon sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Orphan Helpers Inc ($1.1m), Anca Endowment Fund ($1.1m) and Christian Blind Mission International Inc ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $425k. At year end it held assets of $482k against liabilities of $4,500, net assets of $477k. It reported 24 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Orphan Helpers Inc | Newport News | $1.1m |
| Anca Endowment Fund | Washington | $1.1m |
| Christian Blind Mission International Inc | Washington | $1.1m |
| Ipourlife Inc | Springfield | $1.1m |