Portage Community Outreach Center Inc

Analysis

Portage Community Outreach Center Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in May 1978, 48 years ago. 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, Portage Community Outreach Center Inc reported income of $477k and spending of $600k, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $561k to $477k (-15%), an average of -5.3% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portage Community Outreach Center Inc 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 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($477k), Amber Wittman Ministries ($477k) and Boy Scouts of America ($477k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $186k. At year end it held assets of $2.7m against liabilities of $559k, net assets of $2.2m. It reported 8 employees.