Columbia Pacific Economic Development District of Oregon

Analysis

Columbia Pacific Economic Development District of Oregon is a registered charity in United States, based in St Helens, OR. It received its IRS tax-exemption ruling in December 1996, 30 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 (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 2022, Columbia Pacific Economic Development District of Oregon reported income of $1.4m and spending of $1.0m, leaving 28% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $372k to $1.4m (+285%), an average of +57% a year. The sharpest change came in the year to September 2020, when income rose by 221%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbia Pacific Economic Development District of Oregon sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Land Reutilization Corporation of the Capital Region ($1.4m), Darden Rehabilitation Foundation ($1.4m) and The Center for Youth and Community Development Inc ($1.4m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $210k (20% of expenses). Other salaries and wages came to $127k. At year end it held assets of $1.6m against liabilities of $341k, net assets of $1.2m. It reported 6 employees.