Community Development Corporation of Oregon

Analysis

Community Development Corporation of Oregon is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Community Development Corporation of Oregon reported income of $5.3m and spending of $5.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $495k to $5.3m (+978%), an average of +81% a year. The sharpest change came in the year to December 2021, when income rose by 373%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Development Corporation of Oregon sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include SFS Development Inc ($5.3m), Fairhaven Industries Inc ($5.3m) and Small Business Majority Foundation Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $555k (10.0% of expenses). At year end it held assets of $9.9m against liabilities of $3.6m, net assets of $6.3m. It reported 44 employees.