Southern Oregon Aspire Inc

Analysis

Southern Oregon Aspire Inc is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in May 1976, 50 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Oregon Aspire Inc reported income of $10.3m and spending of $10.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $10.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southern Oregon Aspire Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include GW Business Solutions LLC ($10.3m), Masschallenge ($10.3m) and Four Bands Community Fund Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $202k (1.9% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $7.4m against liabilities of $2.0m, net assets of $5.5m. It reported 262 employees.