Oregon Baptist Retirement Home

Analysis

Oregon Baptist Retirement Home is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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 October 2023, Oregon Baptist Retirement Home reported income of $6.3m and spending of $7.0m, spending 111% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $5.8m to $6.3m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to October 2023, when income rose by 19%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Baptist Retirement Home sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Eastern Area Health Education Center Inc ($6.3m), National Wic Association ($6.3m) and Central Intercollegiate Athletic Assn ($6.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $109k (1.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.3m against liabilities of $5.5m, net assets of $3.8m. It reported 78 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.