Save the Pt Boat Inc

Analysis

Save the Pt Boat Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 1995, 31 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 2024, Save the Pt Boat Inc reported income of $219k and spending of $106k, leaving 51% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $178k to $219k (+23%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Save the Pt Boat Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within OR. Charities of a similar size with the same main cause include Nameless Sound ($219k), Barnstone Art for Kids ($219k) and St Peters Fiesta Inc ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $539k against liabilities of $0, net assets of $539k.