Onward Eugene

Analysis

Onward Eugene is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Onward Eugene reported income of $737k and spending of $907k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $753k to $737k (-2.1%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Onward Eugene sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Nonproliferation Policy Education Center ($737k), Southeast Alabama Self Help Assn Inc ($737k) and Teachers Supporting Teachers ($736k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. At year end it held assets of $658k against liabilities of $500k, net assets of $158k.