Oregon Association of Hospital Research and Education Foundation

Analysis

Oregon Association of Hospital Research and Education Foundation is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oregon Association of Hospital Research and Education Foundation reported income of $481k and spending of $46k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $481k (-84%), an average of -37% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 90% 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 Hospital Research and Education Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Gods Pantry of Pulaski County Inc ($481k), Redfield South Housing Development Fund Company Inc ($481k) and Arc of North Dakota Inc ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $2.5m against liabilities of $13k, net assets of $2.5m.