As Your Salem Nonprofit Accountant, We’ll Save You Up To 40% in Admin Costs 

Salem, Oregon, is home to approximately 177,400 residents as of July 1, 2023, within its roughly 49 square‑mile city limits, equating to a population density of about 3,600 people per square mile. Since the 2020 Census counted 175,535 inhabitants, the city has experienced modest growth of around 1.1%. The median age is in the mid‑30s, with about 23% under 18 and 15% over 65 . Households average 2.5 persons, with nearly 55% owner-occupied homes and median rents around $1,300.

Regarding diversity, Salem’s population is approximately 70% White, 23% Hispanic or Latino, and includes Asian (3–3.5%), Black (1.5%), Native American, Pacific Islander, and multiracial residents, making up the remainder. Roughly 22% of residents speak a language other than English at home. The city’s median household income is around $72,000–$72,800, with a 14–15% poverty rate, slightly above the state average. Gallagher, a vibrant yet modestly sized capital, Salem maintains a dynamic socioeconomic and cultural mix.

Nonprofit accounting in Salem, Oregon, is vital in supporting the region’s diverse and growing network of charitable organizations. Salem nonprofits, from arts and education to health and human services, rely on specialized accounting services to manage restricted funds, track grant compliance, and produce accurate financial reports. These services help ensure transparency and donor trust while aligning with state and federal regulations.

Given Salem’s active nonprofit scene and proximity to Oregon’s state agencies, local nonprofits often face unique reporting requirements. Experienced nonprofit accountants in the area understand the intricacies of fund accounting, Form 990 preparation, and board-level financial reporting. Salem’s nonprofits can focus on mission-driven work with tailored support while maintaining strong financial health.

Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the Salem area so they can focus on their mission/programs, rather than their financials. Our clients love our quick response time, fixed fees, and our proactive solutions.