Portland Foundation

Analysis

Portland Foundation is a registered charity in United States, based in Portland, IN. It received its IRS tax-exemption ruling in February 2026. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Portland Foundation reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $354k to $1.6m (+358%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 147% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Portland Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Chicago District Golf Association Foundation ($1.6m), Grace Foundation ($1.6m) and The Charitable Foundation of the ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $79k (4.3% of expenses). Other salaries and wages came to $40k. At year end it held assets of $24.0m against liabilities of $602k, net assets of $23.4m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.