Oregon Association of Minority Entrepreneurs

Analysis

Oregon Association of Minority Entrepreneurs is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, Oregon Association of Minority Entrepreneurs reported income of $346k and spending of $367k, spending 106% of what it took in. Across the 2 years on record, from December 2018 to December 2019, income fell from $406k to $346k (-15%), an average of -15% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Association of Minority Entrepreneurs sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Mahtomedi Soccer Association ($346k), Augusta Biomedical Research Corporation ($346k) and Entrepreneurs Organization ($346k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $119k. At year end it held assets of $1.4m against liabilities of $899k, net assets of $519k.