Oregon Association of Minority Entr Epreneurs

Analysis

Oregon Association of Minority Entr Epreneurs is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1991, 35 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 December 2023, Oregon Association of Minority Entr Epreneurs reported income of $618k and spending of $667k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $618k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oregon Association of Minority Entr Epreneurs sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OR. Charities of a similar size with the same main cause include New Hope Village Foundation ($618k), Rochester City Ballet Inc ($618k) and Locus Science Fiction Foundation ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $230k. At year end it held assets of $227k against liabilities of $0, net assets of $227k. It reported 6 employees.