Oregon Lions Sight and Hearing Foundation Inc

Analysis

Oregon Lions Sight and Hearing Foundation Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oregon Lions Sight and Hearing Foundation Inc reported income of $2.1m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.1m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oregon Lions Sight and Hearing Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include Sequoia Hospital Foundation ($2.1m), Baptist Health Foundation Inc ($2.1m) and United States of Care Campaign ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $293k (13% of expenses). Other salaries and wages came to $926k. At year end it held assets of $7.8m against liabilities of $365k, net assets of $7.5m. It reported 31 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.