Porter-Starke Services Inc

Analysis

Porter-Starke Services Inc is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Porter-Starke Services Inc reported income of $34.7m and spending of $32.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.8m to $34.7m (+9.1%), an average of +2.2% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Porter-Starke Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Peach Tree Healthcare ($34.7m), Community Health Centers Inc ($34.7m) and Epic Long Island Inc ($34.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $479k (1.5% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $39.9m against liabilities of $8.9m, net assets of $31.0m. It reported 419 employees.