Western Oregon University Development Foundation

Analysis

Western Oregon University Development Foundation is a registered charity in United States, based in Monmouth, OR. It received its IRS tax-exemption ruling in February 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 June 2023, Western Oregon University Development Foundation reported income of $3.3m and spending of $2.2m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2020, when income rose by 132%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Oregon University Development Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include North County Charter School Inc ($3.3m), Lincoln Literacy Council ($3.3m) and Purchase Housing Corporation II ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 5.4% of the total. At year end it held assets of $27.0m against liabilities of $684k, net assets of $26.3m.