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Oregon Energy Fund

RegisteredEIN 93-1029893Portland, ORHousing and shelter
Income$3.0m2024-06
Spending$2.8msame year
Spent / received81%6-year average
Size in its cause86th pctHousing and shelter
Exempt since1995Publicly supported organisat
Employees5latest return

Analysis

Oregon Energy Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Oregon Energy Fund reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $3.0m (+113%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oregon Energy Fund sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Albemarle Housing Improvement Program Inc ($3.0m), Laconia Area Community Land Trust ($3.0m) and Habitat for Humanity International Inc ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $205k (7.3% of expenses). Other salaries and wages came to $328k. At year end it held assets of $4.3m against liabilities of $244k, net assets of $4.0m. It reported 5 employees.

Income and spending

$0$750k$1.5m$2.2m$3.0m2019 Income: $1,406,0342019 Spending: $1,113,69320192020 Income: $1,471,3522020 Spending: $1,145,37320202021 Income: $1,621,7052021 Spending: $1,352,30020212022 Income: $1,655,4252022 Spending: $1,271,92620222023 Income: $2,790,2542023 Spending: $1,956,41720232024 Income: $2,999,1072024 Spending: $2,807,5062024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
Albemarle Housing Improvement Program IncCharlottesville$3.0m
Laconia Area Community Land TrustLaconia$3.0m
Habitat for Humanity International IncKey Largo$3.0m
The Missouri Branch of the International Order of the KingsMexico$3.0m