Portland Boathouse

Analysis

Portland Boathouse is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portland Boathouse reported income of $110k and spending of $125k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $110k (-5.2%), an average of -5.2% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portland Boathouse sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within OR. Charities of a similar size with the same main cause include Holy Cross Family Learning Center ($110k), Education Foundation of Canyon Isd ($110k) and Glen Ridge High School Home & School Association ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $219k against liabilities of $0, net assets of $219k.