Old Mill Center for Children and Families Inc

Analysis

Old Mill Center for Children and Families Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Old Mill Center for Children and Families Inc reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.1m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Old Mill Center for Children and Families Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Vera Lloyd Presbyterian Family Services Inc ($4.1m), Mississippi Gulf Coast Young Mens Christian Association Inc ($4.1m) and Twin Trees Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $114k (2.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.0m against liabilities of $535k, net assets of $4.4m. It reported 82 employees.