Oregon Technology Business Center

Analysis

Oregon Technology Business Center is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Oregon Technology Business Center reported income of $297k and spending of $273k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $297k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oregon Technology Business Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within OR. Charities of a similar size with the same main cause include American Military Encouragement Network ($297k), New Caring & Sharing ($297k) and D C Childrens Trust Fund ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $100k (37% of expenses). Other salaries and wages came to $87k. At year end it held assets of $372k against liabilities of $0, net assets of $372k. It reported 2 employees.