Oregon Medical Education Foundation

Analysis

Oregon Medical Education Foundation is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Oregon Medical Education Foundation reported income of $183k and spending of $262k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $183k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 172% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon Medical Education Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OR. Charities of a similar size with the same main cause include River East School to Career Inc ($183k), Institute for Dynamic Education Advancement Inc ($183k) and International Musculoskeletal Society -Ims- Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $80k (31% of expenses). Other salaries and wages came to $14k. At year end it held assets of $1.7m against liabilities of $63k, net assets of $1.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.