Concordia University Foundation

Analysis

Concordia University Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Concordia University Foundation reported income of $268k and spending of $2.3m, spending 874% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.6m to $268k (-90%), an average of -36% a year. The sharpest change came in the year to June 2022, when income rose by 2519%. Over the whole period it spent 226% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Concordia University Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within OR. Charities of a similar size with the same main cause include Aaem Foundation Inc ($268k), Society of American Archivists Foundation ($268k) and Central County United Way ($267k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $2.5m against liabilities of $2,166, net assets of $2.5m.