Portage School District No 1 Trust No 364

Analysis

Portage School District No 1 Trust No 364 is a registered charity in United States, based in Portage, WI. It received its IRS tax-exemption ruling in December 1970, 56 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portage School District No 1 Trust No 364 reported income of $57k and spending of $47k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $57k (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 384%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portage School District No 1 Trust No 364 sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Conejo Future Foundation ($57k), Gen Richard G Stilwell Korean War Veterans Memorial Foundation ($57k) and Association of Fundraising Professionals ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.