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Portland Workforce Alliance

RegisteredEIN 27-2964874Portland, OREducation and training
Income$536k2023-06
Spending$487ksame year
Spent / received88%5-year average
Size in its cause69th pctEducation and training
Exempt since2010Publicly supported organisat
Employees6latest return

Analysis

Portland Workforce Alliance is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Portland Workforce Alliance reported income of $536k and spending of $487k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $434k to $536k (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portland Workforce Alliance sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include Gingerbread Preschool & Child Care Center ($536k), D1 Sports & Athletics ($536k) and Massachusetts Science & Engineering Fair Inc ($536k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $101k (21% of expenses). Other salaries and wages came to $155k. At year end it held assets of $774k against liabilities of $8,912, net assets of $765k. It reported 6 employees.

Income and spending

$0$134k$268k$402k$536k2019 Income: $433,7162019 Spending: $404,09120192020 Income: $372,4992020 Spending: $338,04320202021 Income: $405,7912021 Spending: $323,52320212022 Income: $413,9072022 Spending: $351,83120222023 Income: $535,9202023 Spending: $487,1302023
IncomeSpending

Where the income comes from

  • Contributions & grants 64%
  • Program services 36%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Gingerbread Preschool & Child Care CenterWatertown$536k
D1 Sports & AthleticsLeesburg$536k
Massachusetts Science & Engineering Fair IncCambridge$536k
Mission Cure IncNew York$536k