Tower-Porter Improvement Organization

Analysis

Tower-Porter Improvement Organization is a registered charity in United States, based in Tower City, PA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tower-Porter Improvement Organization reported income of $57k and spending of $41k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $57k (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 991%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tower-Porter Improvement Organization sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include House of Pride Inc ($57k), Junior Auxiliary of Vermilion Louisiana Inc ($57k) and Economic Development with On-Going-Community Engagement Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 1.6% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.