Portland Track

Analysis

Portland Track is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Portland Track reported income of $115k and spending of $104k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $115k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portland Track sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Pewaukee Youth Football Association Inc ($115k), Laplata Youth Football Association Inc ($115k) and Niobrara County Fairgrounds Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 88% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.