Portland C a R E S

Analysis

Portland C a R E S is a registered charity in United States, based in Portland, TN. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, 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 June 2024, Portland C a R E S reported income of $570k and spending of $329k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $393k to $570k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2024, when income rose by 156%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portland C a R E S sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Fulton County Rural Transit Inc ($570k), With You ($570k) and Wilkes Senior Resources ($570k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $66k (20% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.4m against liabilities of $4,617, net assets of $1.4m. It reported 9 employees.