Portland Chinatown History Foundation

Analysis

Portland Chinatown History Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 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 Chinatown History Foundation reported income of $376k and spending of $433k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $378k to $376k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 111% 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 Chinatown History Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Integrity Dance Center Inc ($376k), The Lyric Council Inc ($376k) and Street Symphony Project Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $23k (5.3% of expenses). Other salaries and wages came to $49k. It paid $47k in professional fundraising fees. At year end it held assets of $3.4m against liabilities of $2.3m, net assets of $1.1m. It reported 5 employees.