Heart of Oregon Corps Inc

Analysis

Heart of Oregon Corps Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover employment, 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 2023, Heart of Oregon Corps Inc reported income of $5.3m and spending of $3.9m, leaving 27% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $2.9m to $5.3m (+82%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 73%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heart of Oregon Corps Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Common Future ($5.3m), Arcata Economic Development Corporation ($5.3m) and Industries of the Blind Inc ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $104k (2.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.6m against liabilities of $404k, net assets of $5.2m. It reported 248 employees.