Portuguese American Center of Suffolk Inc

Analysis

Portuguese American Center of Suffolk Inc is a registered charity in United States, based in Farmingville, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 December 2023, Portuguese American Center of Suffolk Inc reported income of $530k and spending of $506k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $345k to $530k (+53%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portuguese American Center of Suffolk Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include U S Foundation for Queens University at Kingston ($530k), Northeast Missouri Regional Planning Commission ($530k) and Music Mountain Incorporated ($530k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $630. At year end it held assets of $486k against liabilities of $16k, net assets of $471k. It reported 1 employees.