Portland Pay It Forward

Analysis

Portland Pay It Forward is a registered charity in United States, based in Portland, TN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Pay It Forward reported income of $676k and spending of $694k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $891k to $676k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Portland Pay It Forward sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Friends & Neighbors of Pennsylvania Inc ($676k), Hope Mission Foundation ($676k) and Casa-Hope for Children Inc ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $593k against liabilities of $0, net assets of $593k.