Oregon Library Association Inc

Analysis

Oregon Library Association Inc is a registered charity in United States, based in LA Grande, OR. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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 August 2024, Oregon Library Association Inc reported income of $446k and spending of $443k, spending 99% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $303k to $446k (+47%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Library Association Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Wesley Acres Inc ($446k), Warhawk Comet Baseball Club ($447k) and Greene County Retirement System Inc ($446k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 25% and program service revenue 68% of the total. At year end it held assets of $1.2m against liabilities of $8,993, net assets of $1.2m.