Veterans Care Centers of Oregon

Analysis

Veterans Care Centers of Oregon is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Veterans Care Centers of Oregon reported income of $44.9m and spending of $44.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $36.2m to $44.9m (+24%), an average of +5.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Veterans Care Centers of Oregon sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include Blue Hill Memorial Hospital Inc ($44.9m), Morton Plant Mease Health Care Inc ($44.9m) and Ebenezer Society ($44.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $325k (0.7% of expenses). Other salaries and wages came to $21.0m. At year end it held assets of $6.7m against liabilities of $3.1m, net assets of $3.6m. It reported 556 employees.