Oregon Institute of Science and Medicine

Analysis

Oregon Institute of Science and Medicine is a registered charity in United States, based in Cave Junction, OR. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover science and technology, 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 December 2023, Oregon Institute of Science and Medicine reported income of $871k and spending of $1.2m, spending 139% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $948k to $871k (-8.2%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 3508%. Over the whole period it spent 48% 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 Institute of Science and Medicine sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Ballet Concierto de Puerto Rico Inc ($871k), Ak Foundation for Dance Inc ($871k) and Nepali Cultural Center Inc ($871k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $8.8m against liabilities of $6,726, net assets of $8.8m.