Porterville Education Foundation

Analysis

Porterville Education Foundation is a registered charity in United States, based in Porterville, CA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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, Porterville Education Foundation reported income of $150k and spending of $107k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $163k to $150k (-8.4%), an average of -2.2% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Porterville Education Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Down Syndrome Association of Northwest Indiana Inc ($150k), Friends of Disabled Veterans ($150k) and Sweet Home Gleaners Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $2.1m against liabilities of $730k, net assets of $1.4m.