The Wallace Medical Concern
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The Wallace Medical Concern is a 501(c)(3) organization based in Portland, Oregon, registered in 1984, with $13,884,980 in FY2023 revenue. CharityIndex grades it B.
18633 Se Stark St Ste 401, Portland, OR, 97233 EIN 93-0853709 Since 1984
Revenue (FY2023)
$13.9M
▲ 9.2% vs prior year
Expenses (FY2023)
$12.9M
Net assets
$7.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Wallace Medical Concern— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Wallace Medical Concern: 7 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Wallace Medical Concern— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Wallace Medical Concern: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.2M (FY2014) to $13.9M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.6MNet assets $7.7M
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$5.6M
Net assets
$7.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,884,980▲9.2% | $12,852,825▲14.6% | $7,742,381▲16.0% | $13,336,894▲7.3% | 990 |
| 2022 | $12,717,753▲29.9% | $11,217,400▲11.9% | $6,673,267▲30.7% | $12,433,244▲69.9% | 990 |
| 2021 | $9,791,449▼9.5% | $10,022,433▲19.5% | $5,105,792▼4.6% | $7,319,360▲0.4% | 990 |
| 2020 | $10,813,899▲45.4% | $8,385,366▲14.1% | $5,354,016▲83.0% | $7,288,322▲77.7% | 990 |
| 2019 | $7,438,988▲13.5% | $7,352,065▲22.0% | $2,925,483▲3.1% | $4,100,357▲31.6% | 990 |
| 2018 | $6,555,205▼6.7% | $6,025,921▼0.3% | $2,838,560▲22.9% | $3,116,852▲20.5% | 990 |
| 2017 | $7,023,221▲14.1% | $6,044,139▼11.3% | $2,309,355▲73.6% | $2,587,375▲52.3% | 990 |
| 2016 | $6,156,147▲11.7% | $6,816,675▲50.2% | $1,330,355▼33.2% | $1,699,401▼24.6% | 990 |
| 2015 | $5,511,212▲31.3% | $4,537,078▲26.6% | $1,991,052▲95.8% | $2,253,720▲71.5% | 990 |
| 2014 | $4,197,671 | $3,584,075 | $1,016,923 | $1,314,429 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.1M total
53 grants to The Wallace Medical Concern totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Oregon Community Foundation | Physical health | 2024 | $56,000 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2024 | $32,000 |
| Network For Good Inc | Unrestricted | 2024 | $6,127 |
| Careoregon Inc | Re-determination grant | 2023 | $45,000 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2023 | $30,800 |
| Medical Teams International | Help those in need | 2023 | $17,775 |
| Network For Good Inc | Unrestricted | 2023 | $8,913 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2022 | $30,000 |
| Network For Good Inc | Unrestricted | 2022 | $13,999 |
| Oregon Community Foundation | Physical health | 2022 | $13,000 |
| Medical Teams International | Help those in need | 2022 | $5,856 |
| Ocf Joseph E Weston Public Foundation | Physical health | 2021 | $26,000 |
| Network For Good Inc | Unrestricted | 2021 | $19,071 |
| Tides Foundation | Healthy individuals and communities | 2021 | $17,000 |
| Kaiser Foundation Hospitals | Integrating population health with pandemic care | 2020 | $30,000 |
Frequently asked questions
- Is The Wallace Medical Concern a legitimate nonprofit?
- Yes. The Wallace Medical Concern is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 93-0853709, based in Portland, Oregon. Donations are tax-deductible.
- What is The Wallace Medical Concern's EIN?
- The Wallace Medical Concern's Employer Identification Number (EIN) is 93-0853709.
- How much revenue does The Wallace Medical Concern report?
- The Wallace Medical Concern reported $13,884,980 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Wallace Medical Concern have?
- CharityIndex grades The Wallace Medical Concern B, based on financial health (reserves and operating margin).
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Data for The Wallace Medical Concern (EIN 93-0853709) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.