Chinese Friendship Association of Portland
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
Where the income comes from
- Contributions & grants 95%
- Program services 5.0%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Endeavor Charter School Foundation Inc | Wake Forest | $885k |
| Medina Parent Teacher Association | Medina | $885k |
| National Council on Public History | Indianapolis | $885k |
| The Reading Foundation | Kennewick | $885k |