Portland City United Soccer Club Inc

Analysis

Portland City United Soccer Club Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 April 2024, Portland City United Soccer Club Inc reported income of $2.4m and spending of $2.4m, spending 97% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $2.4m to $2.4m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to April 2022, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portland City United Soccer Club Inc sits at the 87th percentile: it is larger than about 87% 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 The Sixth Amendment Center Incorporated ($2.4m), Boys and Girls Club of Livingston County ($2.4m) and San Diego Youth Symphony ($2.4m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $376k (16% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.3m against liabilities of $548k, net assets of $796k. It reported 104 employees.