Portland Parks Foundation

Analysis

Portland Parks Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2001, 25 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 2022, Portland Parks Foundation reported income of $902k and spending of $948k, spending 105% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $721k to $902k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2019, when income rose by 160%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portland Parks Foundation sits at the 91st percentile: it is larger than about 91% 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 Volleyball Vibe ($901k), J Babe Stearn Community Center ($903k) and Ridgefield Amateur Hockey Association Inc ($901k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (13% of expenses). Other salaries and wages came to $195k. It paid $16k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $34k, net assets of $1.6m. It reported 5 employees.