Portal-Foster Center Inc

Analysis

Portal-Foster Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Portal-Foster Center Inc reported income of $107k and spending of $85k, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $103k to $107k (+3.5%), an average of +0.9% a year. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Portal-Foster Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Aaa Elderly Housing-Heritage Manor of Sheridan Inc ($107k), Mountain Valley Haven III ($107k) and Country Lane Apartments Inc ($107k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $934k against liabilities of $12k, net assets of $922k.