Porter Foundation

Analysis

Porter Foundation is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Porter Foundation reported income of $50k and spending of $12k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $50k (-97%), an average of -58% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 155% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Porter Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Collective Action for a Water Secure World C4w Inc ($50k), For the Wild Collective ($50k) and Seed Testing Research Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.