Porch-Hillsborough

Analysis

Porch-Hillsborough is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Porch-Hillsborough reported income of $384k and spending of $336k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $247k to $384k (+55%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Porch-Hillsborough sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Project Lead Inc ($384k), Carehelp and Aid for Israel Inc ($384k) and Nellie Byers Training Center ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.