Portland Folklore Society

Analysis

Portland Folklore Society is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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 Folklore Society reported income of $112k and spending of $103k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $112k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portland Folklore Society sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Nemeth Art Center Inc ($112k), PTA Colorado Congress ($112k) and Water Resources Association of the Delaware River Basin ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 88% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.