Portage Congregational Community Nursery Inc
Analysis
Portage Congregational Community Nursery Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in March 2011, 15 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 June 2024, Portage Congregational Community Nursery Inc reported income of $99k and spending of $92k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $176k to $99k (-44%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Portage Congregational Community Nursery Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Lynnfield Athletic Association Inc ($99k), Evans Scholars Foundation ($99k) and Lindbergh Lacrosse Club ($99k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.9% and program service revenue 91% of the total. At year end it held assets of $76k against liabilities of $27k, net assets of $49k.
Income and spending
Where the income comes from
- Contributions & grants 2.9%
- Program services 91%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lynnfield Athletic Association Inc | Lynnfield | $99k |
| Evans Scholars Foundation | Glenview | $99k |
| Lindbergh Lacrosse Club | Saint Louis | $99k |
| Ted Hendricks Foundation | Arlington HTS | $99k |