Central Oregon Fuse Inc

Analysis

Central Oregon Fuse Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in July 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 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 Fuse Inc reported income of $679k and spending of $401k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $390k to $679k (+74%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Oregon Fuse Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Fredericksburg Morning Rotary Charity Fund ($679k), United Way of Kosciusko County Inc ($680k) and United Way of Lancaster County Inc ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $73k (18% of expenses). Other salaries and wages came to $15k. At year end it held assets of $1.1m against liabilities of $485k, net assets of $641k. It reported 2 employees.