Oregon State University Foundation

Analysis

Oregon State University Foundation is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oregon State University Foundation reported income of $137.9m and spending of $139.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $127.7m to $137.9m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oregon State University Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Willamette University ($137.8m), Nazareth University ($138.4m) and Lindenwood Education System ($137.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $2.3m (1.6% of expenses). Other salaries and wages came to $26.0m. It paid $42k in professional fundraising fees. At year end it held assets of $1.14bn against liabilities of $145.2m, net assets of $996.9m. It reported 185 employees.