Oregon Meditation Center

Oregon Meditation Center experiences significant revenue decline in 2022 but maintains strong assets and zero executive compensation.

EIN: 203927566 · Portland, OR · NTEE: X50 · Updated: 2026-03-28

$354KRevenue
$1.6MAssets
85/100Mission Score (Excellent)
X50
Oregon Meditation Center Financial Summary
MetricValue
Total Revenue$354K
Total Expenses$371K
Program Spending85%
CEO/Top Officer Pay$1.6
Net Assets$1.4M
Transparency Score85/100

Is Oregon Meditation Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Oregon Meditation Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Oregon Meditation Center

Oregon Meditation Center (EIN: 203927566) is a nonprofit organization based in Portland, OR, classified under NTEE code X50. The organization reported total revenue of $354K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Meditation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Oregon Meditation Center is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$354K
Total Expenses$371K
Surplus / Deficit$-16,647
Total Assets$1.6M
Total Liabilities$213K
Net Assets$1.4M
Operating Margin-4.7%
Debt-to-Asset Ratio12.9%
Months of Reserves53.3 months

Financial Health Grade: B

In 2022, Oregon Meditation Center reported a deficit of $17K with expenses exceeding revenue, holds 53.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).

Financial Trends

Over 12 years of filings (2011–2022), Oregon Meditation Center's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

YearRevenue ChangeExpense ChangeAsset Change
2022-72.3%+4.0%-1.0%
2021+293.1%+34.1%+2.3%
2020+19.0%+1.7%+1.2%
2019-15.1%+12.8%-1.2%
2018+16.9%-23.1%+4.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Oregon Meditation Center demonstrates a generally stable financial position with assets consistently over $1.6 million in recent years, reaching $1,647,528 in 2022. However, its revenue has shown significant volatility, dropping from $1,277,236 in 2021 to $354,218 in 2022, while expenses remained relatively stable at $370,865 in 2022. This resulted in a deficit for 2022, where expenses exceeded revenue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for administrative overhead. Spending efficiency appears strong given the lack of executive compensation, suggesting that a high proportion of funds are directed towards programs and operational costs rather than high salaries. The organization's liabilities have significantly decreased from over $1 million in 2019-2020 to $212,789 in 2022, indicating improved financial health in terms of debt management. The substantial drop in revenue in 2022 warrants further investigation to understand if it's a one-time event or a trend. Transparency is high regarding executive compensation, as it consistently reports $0. The consistent filing of IRS Form 990s over 12 periods also indicates a commitment to regulatory compliance and public disclosure. The NTEE code X50 (Religious Organizations) suggests a focus on spiritual or religious activities, which aligns with its name. The organization's ability to maintain significant assets despite fluctuating revenues suggests a solid underlying financial structure.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oregon Meditation Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, Oregon Meditation Center allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$354KTotal Revenue
$371KTotal Expenses
$1.6MTotal Assets
$213KTotal Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $17K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 12.9%.

Executive Compensation Analysis

The Oregon Meditation Center consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with assets over $1.6 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Oregon Meditation Center's IRS 990 filings:

  • Significant year-over-year revenue volatility, with a sharp drop from $1.27M in 2021 to $354K in 2022.
  • Expenses ($370,865) exceeded revenue ($354,218) in 2022, indicating a deficit for that period.

Strengths

The following positive indicators were identified for Oregon Meditation Center:

  • Consistent reporting of 0% officer compensation, indicating highly efficient leadership and resource allocation.
  • Strong and stable asset base, consistently over $1.6 million in recent years, providing financial stability.
  • Significant reduction in liabilities from over $1 million in 2019-2020 to $212,789 in 2022, improving financial health.
  • Consistent IRS 990 filing history over 12 periods, demonstrating transparency and compliance.

Frequently Asked Questions about Oregon Meditation Center

Is Oregon Meditation Center a legitimate charity?

Oregon Meditation Center (EIN: 203927566) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $354K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Oregon Meditation Center spend its money?

Oregon Meditation Center directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Oregon Meditation Center tax-deductible?

Oregon Meditation Center is registered as a tax-exempt nonprofit (EIN: 203927566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Oregon Meditation Center CEO make?

Oregon Meditation Center's highest-compensated officer earns $1.6 annually. The organization reported $354K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Oregon Meditation Center compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Oregon Meditation Center is above average for NTEE category X50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Oregon Meditation Center located?

Oregon Meditation Center is headquartered in Portland, Oregon and files with the IRS under EIN 203927566. It is classified under NTEE code X50.

How many years of IRS 990 filings does Oregon Meditation Center have?

Oregon Meditation Center has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $354K in total revenue.

Is Oregon Meditation Center a good charity?

Based on its consistent reporting of $0 executive compensation, significant asset base, and regular IRS filings, it appears to be a well-managed organization with a strong commitment to its mission and financial efficiency. The recent revenue drop in 2022 would be a point to monitor.

What caused the significant revenue drop from $1,277,236 in 2021 to $354,218 in 2022?

The provided data does not specify the reason for this sharp decline. It could be due to a one-time large donation in 2021, a change in fundraising strategy, or external economic factors affecting donations or program fees.

How does the organization cover its expenses with fluctuating revenue?

The organization appears to draw upon its substantial assets, which have remained consistently above $1.6 million, to cover expenses during periods of lower revenue, such as in 2022 when expenses ($370,865) exceeded revenue ($354,218).

What is the organization's long-term strategy for financial sustainability given revenue volatility?

The provided data does not detail specific strategies. However, maintaining a strong asset base and keeping executive compensation at zero are key elements that contribute to its financial resilience despite revenue fluctuations.

Filing History

IRS 990 filing history for Oregon Meditation Center showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Oregon Meditation Center's revenue has grown by 31%, moving from $270K to $354K. Total assets increased by 324.6% over the same period, from $388K to $1.6M. Total functional expenses rose by 128.4%, from $162K to $371K. In its most recent filing year (2022), Oregon Meditation Center reported a deficit of $17K, with expenses exceeding revenue. The organization holds $213K in liabilities against $1.6M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $354K $371K $1.6M $213K View 990
2021 $1.3M $357K $1.7M $213K View 990
2020 $325K $266K $1.6M $1.1M View 990
2019 $273K $261K $1.6M $1.1M View 990
2018 $322K $232K $1.6M $1.2M View 990
2017 $275K $301K $1.6M $1.2M View 990
2016 $378K $240K $1.7M $1.3M View 990
2015 $252K $249K $1.1M $855K View 990
2014 $156K $233K $1.3M $997K View 990
2013 $244K $242K $1.2M $896K View 990
2012 $221K $166K $1.2M $903K View 990
2011 $270K $162K $388K $113K View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $354K, expenses of $371K, and assets of $1.6M (revenue -72.3% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $357K, and assets of $1.7M (revenue +293.1% year-over-year).
  • 2020: Revenue of $325K, expenses of $266K, and assets of $1.6M (revenue +19.0% year-over-year).
  • 2019: Revenue of $273K, expenses of $261K, and assets of $1.6M (revenue -15.1% year-over-year).
  • 2018: Revenue of $322K, expenses of $232K, and assets of $1.6M (revenue +16.9% year-over-year).
  • 2017: Revenue of $275K, expenses of $301K, and assets of $1.6M (revenue -27.3% year-over-year).
  • 2016: Revenue of $378K, expenses of $240K, and assets of $1.7M (revenue +50.0% year-over-year).
  • 2015: Revenue of $252K, expenses of $249K, and assets of $1.1M (revenue +61.8% year-over-year).
  • 2014: Revenue of $156K, expenses of $233K, and assets of $1.3M (revenue -36.1% year-over-year).
  • 2013: Revenue of $244K, expenses of $242K, and assets of $1.2M (revenue +10.3% year-over-year).
  • 2012: Revenue of $221K, expenses of $166K, and assets of $1.2M (revenue -18.2% year-over-year).
  • 2011: Revenue of $270K, expenses of $162K, and assets of $388K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Oregon Meditation Center:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Oregon Meditation Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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