Portage Resale Center

Analysis

Portage Resale Center is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Portage Resale Center reported income of $453k and spending of $466k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $453k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portage Resale Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Yamhill County Gospel Rescue Mission ($453k), State Line Community Action Association ($453k) and Diversability Inc ($453k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Other salaries and wages came to $149k. At year end it held assets of $201k against liabilities of $67k, net assets of $134k. It reported 11 employees.