Friends of the Port

Analysis

Friends of the Port is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1984, 42 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, Friends of the Port reported income of $97k and spending of $88k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $97k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Port sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include United Junior Panther Football ($97k), Paw Paw Youth Baseball & Softball ($97k) and Wildcat Basketball Club ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.