Pioneer Courthouse Square of Portland Inc

Analysis

Pioneer Courthouse Square of Portland Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pioneer Courthouse Square of Portland Inc reported income of $2.3m and spending of $2.0m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.3m (+35%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pioneer Courthouse Square of Portland Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Oceanside Museum of Art ($2.3m), Museum of Ventura County ($2.3m) and Aozora Community Foundation Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $214k (11% of expenses). Other salaries and wages came to $409k. At year end it held assets of $3.3m against liabilities of $662k, net assets of $2.6m. It reported 14 employees.