Port Youth & Recreation Foundation

Analysis

Port Youth & Recreation Foundation is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Port Youth & Recreation Foundation reported income of $55k and spending of $47k, spending 85% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $50k to $55k (+12%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Port Youth & Recreation Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Pasadena Chamber of Commerce Foundation ($55k), Youth for Christ USA Inc ($55k) and Chino Police Officers Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.