Portland Fashion Institute

Analysis

Portland Fashion Institute is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portland Fashion Institute reported income of $522k and spending of $398k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $495k to $522k (+5.4%), an average of +5.4% a year. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portland Fashion Institute sits at the 68th percentile: it is larger than about 68% 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 Rose Rock School Foundation ($522k), Public Pension Financial Forum ($522k) and Csforma Inc ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $51k (13% of expenses). At year end it held assets of $260k against liabilities of $8,811, net assets of $251k. It reported 1 employees.