Ethos Inc

Analysis

Ethos Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Ethos Inc reported income of $804k and spending of $1.1m, spending 138% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.3m to $804k (-36%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ethos Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Emporia Arts Council ($804k), Sailing Ships Maine ($804k) and Childrens Museum of LA Crosse Inc ($804k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $79k (7.1% of expenses). Other salaries and wages came to $569k. At year end it held assets of $1.1m against liabilities of $447k, net assets of $661k. It reported 66 employees.