Friends of the Portage Senior Center Inc

Analysis

Friends of the Portage Senior Center Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the Portage Senior Center Inc reported income of $90k and spending of $81k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $76k to $90k (+19%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Portage Senior Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Northwest Christian Fellowship Network ($90k), Esperanza HS Dance Team Boosters ($90k) and Tri State Food Pantry Inc ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.