Oregon Acte Inc

Analysis

Oregon Acte Inc is a registered charity in United States, based in Wilsonville, OR. It received its IRS tax-exemption ruling in July 2016, 10 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 December 2023, Oregon Acte Inc reported income of $242k and spending of $234k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $242k (+59%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oregon Acte Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Inspire Aviation ($242k), Pilipino Bayanihan Resource Center ($242k) and Greater Atlanta Economic Alliance ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $171k against liabilities of $625, net assets of $170k.