Foundations for a Better Oregon

Analysis

Foundations for a Better Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundations for a Better Oregon reported income of $810k and spending of $1.3m, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $810k (-44%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundations for a Better Oregon sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Literacy Council of Highlands Inc ($810k), Kenya Keys ($810k) and Hudson Area Association Library ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $295k (22% of expenses). Other salaries and wages came to $478k. At year end it held assets of $2.1m against liabilities of $86k, net assets of $2.0m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.