Portage Foundation

Analysis

Portage Foundation is a registered charity in United States, based in Beaver Falls, PA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Portage Foundation reported income of $179k and spending of $175k, spending 97% of its income. Across the 3 years on record, from December 2021 to June 2023, income fell from $261k to $179k (-31%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 51%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portage Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Isaiah Closet Inc ($179k), Center for Family Support Foundation Inc ($179k) and All Gods People NFP ($179k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.