Friends of PPSC

Analysis

Friends of PPSC is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2023, Friends of PPSC reported income of $146k and spending of $258k, spending 177% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $278k to $146k (-48%), an average of -48% a year. The sharpest change came in the year to July 2023, when income dropped by 48%. Over the whole period it spent 117% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of PPSC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 40th percentile within ME. Charities of a similar size with the same main cause include Muskego Warriors Youth Baseball ($146k), Boulder County Parks and Open Space Foundation ($146k) and Hilmar Youth Football Organization ($146k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.