Greater Eastern Oregon Development Corporation

Analysis

Greater Eastern Oregon Development Corporation is a registered charity in United States, based in Pendleton, OR. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Greater Eastern Oregon Development Corporation reported income of $694k and spending of $615k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.0m to $694k (-34%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 167%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Eastern Oregon Development Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include Bread Project ($694k), Quad Communities Development Corporation NFP ($694k) and Waterloo Development Corporation ($694k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $206k. At year end it held assets of $9.3m against liabilities of $2.7m, net assets of $6.5m. It reported 4 employees.