Restore Oregon Inc

Analysis

Restore Oregon Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 1978, 48 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 December 2023, Restore Oregon Inc reported income of $523k and spending of $1.1m, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $523k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Restore Oregon Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include Napa Valley Museum ($523k), Youth Choirs Inc ($524k) and Marines Memorial Foundation ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Other salaries and wages came to $443k. At year end it held assets of $848k against liabilities of $25k, net assets of $824k. It reported 11 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.