Portage Area Community Charitable Trust

Analysis

Portage Area Community Charitable Trust is a registered charity in United States, based in Portage, WI. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Portage Area Community Charitable Trust reported income of $197k and spending of $51k, leaving 74% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $294k to $197k (-33%), an average of -18% a year. The sharpest change came in the year to June 2024, when income rose by 70%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Portage Area Community Charitable Trust sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Poor Bishop Hooper Inc ($197k), Retired and Senior Volunteer Program RSVP of Athens-Limestone C ($197k) and Gazelle Sports Foundation ($197k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $644k against liabilities of $0, net assets of $644k.