Portfish Ltd

Analysis

Portfish Ltd is a registered charity in United States, based in PRT Washingtn, WI. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Portfish Ltd reported income of $57k and spending of $55k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $57k (-2.3%), an average of -2.3% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portfish Ltd sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Sew N Sew Fiber Arts Inc ($57k), Chautauqua Historical Society ($57k) and Midland Community Concerts Association ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.