Portland Seniors Citizens

Analysis

Portland Seniors Citizens is a registered charity in United States, based in Portland, TN. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Portland Seniors Citizens reported income of $56k and spending of $34k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $68k to $56k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portland Seniors Citizens sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include American Inns of Court Foundation ($56k), Amateur Music Network ($56k) and Cherry Creek School Distric Parent Teacher Community Council Inc ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $114k against liabilities of $978, net assets of $113k.