Benton Furniture Share

Analysis

Benton Furniture Share is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2024, Benton Furniture Share reported income of $775k and spending of $633k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $353k to $775k (+120%), an average of +48% a year. The sharpest change came in the year to June 2024, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benton Furniture Share sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Thatcher Brook Center ($775k), Little Saints Comprehensive Learning Center Inc ($775k) and Golden Pantry and Thrift Inc ($775k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $138k (22% of expenses). Other salaries and wages came to $165k. At year end it held assets of $394k against liabilities of $44k, net assets of $350k. It reported 8 employees.