Portland Trails

Analysis

Portland Trails is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portland Trails reported income of $756k and spending of $816k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $583k to $756k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Portland Trails sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within ME. Charities of a similar size with the same main cause include Friends of Hollywood Cemetery ($756k), Valley Land Fund Inc ($756k) and Olympia Community Solar ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $48k (5.9% of expenses). Other salaries and wages came to $417k. At year end it held assets of $2.0m against liabilities of $147k, net assets of $1.8m. It reported 13 employees.