Pendleton Underground Tours Inc

Analysis

Pendleton Underground Tours Inc is a registered charity in United States, based in Pendleton, OR. It received its IRS tax-exemption ruling in March 1994, 32 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 December 2023, Pendleton Underground Tours Inc reported income of $379k and spending of $325k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $379k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pendleton Underground Tours Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Rock Run Park Inc ($379k), American Real Estate and Urban Economics Association ($379k) and Community Conscience ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $72k (22% of expenses). Other salaries and wages came to $119k. At year end it held assets of $1.0m against liabilities of $13k, net assets of $999k. It reported 21 employees.