Central Oregon Veterans & Community Outreach Inc

Analysis

Central Oregon Veterans & Community Outreach Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Central Oregon Veterans & Community Outreach Inc reported income of $1.5m and spending of $1.9m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $973k to $1.5m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Oregon Veterans & Community Outreach Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include 808-812 Memorial Drive Housing Charitable TR ($1.5m), Haven of Rest Rescue Mission of Bristol Inc ($1.5m) and Saint Andrews Lighthouse Dba Gabrie Lhouse of Care ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $55k (2.9% of expenses). Other salaries and wages came to $501k. At year end it held assets of $5.6m against liabilities of $3.6m, net assets of $2.0m. It reported 24 employees.