Portland Business Alliance Charitable Institute Inc

Analysis

Portland Business Alliance Charitable Institute Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1983, 43 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 Business Alliance Charitable Institute Inc reported income of $923k and spending of $735k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $375k to $923k (+146%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 406%. Over the whole period it spent 87% 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 Business Alliance Charitable Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include United Way of the Upper Ohio Valley Inc ($922k), Middlesex United Way Inc ($923k) and National Center on Shaken Baby Syndrome ($922k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $418k. At year end it held assets of $1.8m against liabilities of $473k, net assets of $1.3m.