Port Allen Educational Broadcasting Foundation

Analysis

Port Allen Educational Broadcasting Foundation is a registered charity in United States, based in Zachary, LA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Port Allen Educational Broadcasting Foundation reported income of $374k and spending of $217k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $288k to $374k (+30%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Allen Educational Broadcasting Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Corn Hill Neighbors Assoc Inc ($374k), Lynchburg Symphony Orchestra Inc ($374k) and Zenkaikon Entertainment ($374k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $75k. At year end it held assets of $373k against liabilities of $151k, net assets of $222k. It reported 2 employees.