Special Olympics Oregon Inc

Analysis

Special Olympics Oregon Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 December 2023, Special Olympics Oregon Inc reported income of $4.0m and spending of $3.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.0m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Olympics Oregon Inc sits at the 91st percentile: it is larger than about 90% 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 Marysville Community Food Bank ($4.0m), Sapphire Lutheran Homes Inc ($4.0m) and Climate Solutions ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $335k (9.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.7m against liabilities of $377k, net assets of $5.3m. It reported 26 employees.