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Chinese Friendship Association of Portland

RegisteredEIN 93-1122656Tigard, OREducation and training
Income$885k2023-12
Spending$653ksame year
Spent / received89%4-year average
Size in its cause74th pctEducation and training
Exempt since2009Publicly supported organisat
Employees0latest return

Analysis

Chinese Friendship Association of Portland is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Chinese Friendship Association of Portland reported income of $885k and spending of $653k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $596k to $885k (+48%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chinese Friendship Association of Portland sits at the 74th percentile: it is larger than about 74% 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 Endeavor Charter School Foundation Inc ($885k), Medina Parent Teacher Association ($885k) and National Council on Public History ($885k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. At year end it held assets of $524k against liabilities of $169k, net assets of $355k.

Income and spending

$0$226k$452k$679k$905k2020 Income: $596,3732020 Spending: $542,34220202021 Income: $904,7802021 Spending: $884,67320212022 Income: $561,8662022 Spending: $544,80120222023 Income: $884,6672023 Spending: $652,6792023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 5.0%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Endeavor Charter School Foundation IncWake Forest$885k
Medina Parent Teacher AssociationMedina$885k
National Council on Public HistoryIndianapolis$885k
The Reading FoundationKennewick$885k