Portland Tango Association Inc

Analysis

Portland Tango Association Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portland Tango Association Inc reported income of $68k and spending of $62k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $68k (-13%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Portland Tango Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OR. Charities of a similar size with the same main cause include Brain and Body Music Studio ($68k), Freespace Dance Inc ($68k) and North London Mill Preservation Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. At year end it held assets of $17k against liabilities of $27k, net assets of -$9,136.