350eug

Analysis

350eug is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 350eug reported income of $122k and spending of $116k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $122k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 350eug sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OR. Charities of a similar size with the same main cause include Gentle Dragon Pre-School Inc ($122k), Cohasset Parent School Organization ($122k) and Association of National Estuary Programs Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $2,478, net assets of $73k.