Portland Community College Foundation Inc

Analysis

Portland Community College Foundation Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Community College Foundation Inc reported income of $5.5m and spending of $6.5m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $5.5m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Portland Community College Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include New Albany Community Foundation ($5.5m), Chesapeake-Potomac Home Health Agency Inc ($5.5m) and Jackson Community Foundation ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $27.3m against liabilities of $965k, net assets of $26.4m.