Friends of Willamette Falls Media Center

Analysis

Friends of Willamette Falls Media Center is a registered charity in United States, based in Oregon City, OR. It received its IRS tax-exemption ruling in October 2012, 14 years ago. 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 2024, Friends of Willamette Falls Media Center reported income of $342k and spending of $403k, spending 118% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $504k to $342k (-32%), an average of -7.4% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Willamette Falls Media Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Owings Mills Volunteer Fire Company of Baltimore County Inc ($342k), Empowherment Community Center ($342k) and Lawton Evening Optimist Soccer Association ($342k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $51k (13% of expenses). Other salaries and wages came to $126k. At year end it held assets of $623k against liabilities of $86k, net assets of $537k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.