Portland Tennis and Education

Analysis

Portland Tennis and Education is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Portland Tennis and Education reported income of $1.1m and spending of $993k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $909k to $1.1m (+19%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portland Tennis and Education sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Friends of Carrollwood Cultural Center Inc ($1.1m), Peace CDC Inc ($1.1m) and Ice House Skating Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $100k (10% of expenses). Other salaries and wages came to $495k. At year end it held assets of $802k against liabilities of $16k, net assets of $786k. It reported 31 employees.