Depaul Industries

Analysis

Depaul Industries is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover employment, 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 June 2023, Depaul Industries reported income of $25.1m and spending of $18.2m, leaving 27% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $4.3m to $25.1m (+489%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 466%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Depaul Industries sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include American Society for Quality Inc ($25.0m), Community Development Corporation of Long Island Inc ($25.1m) and W E Upjohn Unemployment Trustee Corporation ($24.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 84% of the total. Other salaries and wages came to $16.2m. At year end it held assets of $23.5m against liabilities of $10.4m, net assets of $13.1m. It reported 742 employees.