Oregon College of Oriental Medicine

Analysis

Oregon College of Oriental Medicine is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Oregon College of Oriental Medicine reported income of $4.4m and spending of $5.4m, spending 123% of what it took in. Across the 6 years on record, from June 2019 to September 2023, income fell from $5.7m to $4.4m (-23%), an average of -5.2% a year. The sharpest change came in the year to September 2020, when income rose by 320%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon College of Oriental Medicine sits at the 88th percentile: it is larger than about 88% 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 PTA California Congress of Parents Teachers Students Inc ($4.4m), Sunbridge Schools ($4.4m) and Educare Services Incorporated ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $418k (7.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.4m against liabilities of $8.4m, net assets of -$2.1m. It reported 174 employees.