Oregon Newspapers Foundation Inc

Analysis

Oregon Newspapers Foundation Inc is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in August 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 September 2023, Oregon Newspapers Foundation Inc reported income of $140k and spending of $146k, spending 105% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $33k to $140k (+325%), an average of +62% a year. The sharpest change came in the year to September 2021, when income rose by 240%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon Newspapers Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OR. Charities of a similar size with the same main cause include Lew Wallace Study Preservation Society Inc ($140k), Arts Alive Inc ($140k) and Rochester Dance Company ($140k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 7.0% of the total. At year end it held assets of $555k against liabilities of $91k, net assets of $464k.