Portland Radio Project

Analysis

Portland Radio Project is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2014, 12 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, Portland Radio Project reported income of $93k and spending of $118k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $93k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Radio Project sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Redlands 4th of July Committee Inc ($93k), Pontotoc County Historical Society Inc ($93k) and Arts Collaborative Medford Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.8% of the total. At year end it held assets of $133k against liabilities of $49k, net assets of $84k.