Oregon Northwest Workforce Investment Board

Analysis

Oregon Northwest Workforce Investment Board is a registered charity in United States, based in Lincoln City, OR. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover employment, 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 2023, Oregon Northwest Workforce Investment Board reported income of $4.1m and spending of $4.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.1m (+84%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 30%. 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, Oregon Northwest Workforce Investment Board sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Kiamichi Opportunities Incorporated ($4.1m), Avodah the Jewish Service Corps Inc ($4.1m) and Safety Blitz Foundation Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $245k (5.7% of expenses). Other salaries and wages came to $419k. At year end it held assets of $1.1m against liabilities of $860k, net assets of $268k. It reported 13 employees.