Education Nexus Oregon

Analysis

Education Nexus Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Education Nexus Oregon reported income of $72k and spending of $61k, spending 85% of its income. Across the 3 years on record, from June 2019 to June 2021, income fell from $232k to $72k (-69%), an average of -44% a year. The sharpest change came in the year to June 2020, when income dropped by 56%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education Nexus Oregon sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within OR. Charities of a similar size with the same main cause include Norfolk Library Foundation ($72k), Altamaha Emc Foundation Inc ($72k) and Rotary Club of Forsyth County Charities ($72k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 95% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.