Corvallis Clinic Foundation Inc

Analysis

Corvallis Clinic Foundation Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Corvallis Clinic Foundation Inc reported income of $142k and spending of $70k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $100k to $142k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Corvallis Clinic Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OR. Charities of a similar size with the same main cause include Jordan Hays Foundation ($142k), Beverly Hospital Foundation ($142k) and Portage Recovery Center Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $934k against liabilities of $0, net assets of $934k.