Eastern Oregon Workforce Investment Board

Analysis

Eastern Oregon Workforce Investment Board is a registered charity in United States, based in LA Grande, OR. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Eastern Oregon Workforce Investment Board reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.5m to $3.0m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Eastern Oregon Workforce Investment Board sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Queens Economic Development Corporation ($3.0m), Belle Isle Conservancy ($3.0m) and Greenco Industries Inc ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $145k (4.9% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.1m against liabilities of $695k, net assets of $361k. It reported 5 employees.