University of Portland

Analysis

University of Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1936, 90 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Portland reported income of $240.1m and spending of $246.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $243.1m to $240.1m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Portland sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Gallaudet University ($239.4m), Scholarship America Inc ($240.3m) and Columbia College Chicago ($239.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $4.7m (1.9% of expenses). Other salaries and wages came to $60.0m. At year end it held assets of $708.7m against liabilities of $106.8m, net assets of $601.9m. It reported 2,742 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.