Portlight Strategies Inc

Analysis

Portlight Strategies Inc is a registered charity in United States, based in Bakersville, NC. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Portlight Strategies Inc reported income of $117k and spending of $629k, spending 536% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $585k to $117k (-80%), an average of -28% a year. The sharpest change came in the year to December 2019, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Portlight Strategies Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Pilgrim Advocates Inc ($117k), 2nd Chance University ($117k) and 100 Black Men of Greater South Bend Inc ($117k).

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 $107k against liabilities of $0, net assets of $107k.