Portuguese Organization for Social Services and Opportunities

Analysis

Portuguese Organization for Social Services and Opportunities is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Portuguese Organization for Social Services and Opportunities reported income of $1.3m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $790k to $1.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 23%. 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, Portuguese Organization for Social Services and Opportunities sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include New York Taxi Workers Alliance Inc ($1.3m), Crossroads4hope ($1.3m) and Fast Blackfeet ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $77k (6.1% of expenses). Other salaries and wages came to $586k. At year end it held assets of $1.6m against liabilities of $59k, net assets of $1.5m. It reported 15 employees.