Portsmouth Aikido

Analysis

Portsmouth Aikido is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in December 2010, 16 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, Portsmouth Aikido reported income of $171k and spending of $174k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $171k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portsmouth Aikido sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within NH. Charities of a similar size with the same main cause include Blythewood High School Band Boosters ($171k), Virginia Association for the Educat Ion of Young Children ($171k) and North Jersey Homeschoolers ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 26% of the total. At year end it held assets of $17k against liabilities of $226, net assets of $17k.