Ocf Joseph E Weston Public Foundation

Analysis

Ocf Joseph E Weston Public Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ocf Joseph E Weston Public Foundation reported income of $10.4m and spending of $25.8m, spending 248% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $36.7m to $10.4m (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ocf Joseph E Weston Public Foundation 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 El Paso Community Foundation ($10.4m), Jewish Community Association of Greater Phoenix ($10.4m) and United Way of Tri County Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $559.8m against liabilities of $2.8m, net assets of $557.1m.