Pro Portsmouth Inc

Analysis

Pro Portsmouth Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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 August 2024, Pro Portsmouth Inc reported income of $144k and spending of $176k, spending 122% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $146k to $144k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to August 2022, when income rose by 96%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Portsmouth Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within NH. Charities of a similar size with the same main cause include Wisconsin Realtors Foundation ($144k), Little League Baseball Inc ($144k) and Veterans Council of St Johns County Inc ($144k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $73k (42% of expenses). Other salaries and wages came to $2,838. At year end it held assets of $30k against liabilities of $108k, net assets of -$78k. It reported 2 employees.