Philippine American Chamber of Commerce of Oregon

Analysis

Philippine American Chamber of Commerce of Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Philippine American Chamber of Commerce of Oregon reported income of $662k and spending of $560k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $760k to $662k (-13%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 72% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Philippine American Chamber of Commerce of Oregon sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include American Friends of Kulo Zakai Inc ($662k), Pax Christi Fund for Peace ($662k) and Truly Motivated Transitional Living ($661k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $11k (1.9% of expenses). Other salaries and wages came to $114k. At year end it held assets of $604k against liabilities of $26k, net assets of $578k. It reported 3 employees.