Portsmouth Multi-Purpose Senior Center Inc

Analysis

Portsmouth Multi-Purpose Senior Center Inc is a registered charity in United States, based in Portsmouth, RI. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, Portsmouth Multi-Purpose Senior Center Inc reported income of $163k and spending of $153k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $175k to $163k (-6.4%), an average of -6.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portsmouth Multi-Purpose Senior Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within RI. Charities of a similar size with the same main cause include Glen Alpine Food Pantry Inc ($163k), Young Womens Christian Association of Philadelphia ($163k) and Benevolence & Trianing Center ($163k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.