Oregon Mennonite Residential Services Inc

Analysis

Oregon Mennonite Residential Services Inc is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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 September 2023, Oregon Mennonite Residential Services Inc reported income of $10.6m and spending of $9.1m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.9m to $10.6m (+54%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 22%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Mennonite Residential Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Milkyway Education Center Inc ($10.6m), Special Olympics Pennsylvania Inc ($10.6m) and New Square Community Improvement Council Inc ($10.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $165k (1.8% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $16.6m against liabilities of $340k, net assets of $16.3m. It reported 218 employees.