Oregon Manufacturing Extension Partnership Inc

Analysis

Oregon Manufacturing Extension Partnership Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2024, Oregon Manufacturing Extension Partnership Inc reported income of $6.0m and spending of $5.8m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $6.5m to $6.0m (-6.7%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oregon Manufacturing Extension Partnership 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 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include City of Baltimore Development Corporation ($6.0m), Workforce Innovations ($6.0m) and Trinity Park Conservancy ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $651k (11% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.6m against liabilities of $689k, net assets of $2.9m. It reported 23 employees.