Portland Street Medicine

Analysis

Portland Street Medicine is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Portland Street Medicine reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $108k to $1.7m (+1461%), an average of +99% a year. The sharpest change came in the year to June 2020, when income rose by 429%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Portland Street Medicine sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Friends Life Care Partners ($1.7m), Society of Forensic Toxicologist Inc ($1.7m) and Rape Recovery Center ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $841k. At year end it held assets of $1.3m against liabilities of $245k, net assets of $1.0m.