Port Health Services
Port Health Services shows consistent revenue growth and asset accumulation over a decade, with no reported officer compensation.
EIN: 200287545 · Greenville, NC · NTEE: P30 · Updated: 2026-03-28
Is Port Health Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Health Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Health Services
Port Health Services (EIN: 200287545) is a nonprofit organization based in Greenville, NC, classified under NTEE code P30. The organization reported total revenue of $31.6M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Health Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Health Services is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.1M |
| Total Expenses | $33.1M |
| Surplus / Deficit | $-1,017,316 |
| Total Assets | $10.3M |
| Total Liabilities | $5.4M |
| Net Assets | $4.9M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 52.7% |
| Months of Reserves | 3.7 months |
Financial Health Grade: C
In 2023, Port Health Services reported a deficit of $1.0M with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 52.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Port Health Services's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +20.2% | +33.4% |
| 2022 | +1.3% | +14.2% | -41.8% |
| 2021 | +7.6% | +4.1% | +11.6% |
| 2020 | +2.7% | -0.2% | +30.6% |
| 2019 | +6.4% | +8.2% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Port Health Services with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Port Health Services allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.7%.
Executive Compensation Analysis
The IRS 990 filings for Port Health Services consistently report 0% officer compensation across all periods, which is unusual for an organization of its size with over $30 million in annual revenue. This could indicate that executive leadership is entirely volunteer-based or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Port Health Services's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and revenue, potentially obscuring executive remuneration details.
- Operational deficit in the most recent fiscal year (2023), with expenses exceeding revenue by over $1 million.
Strengths
The following positive indicators were identified for Port Health Services:
- Consistent revenue growth over the past decade, from $18.4 million in 2014 to $32.1 million in 2023.
- Significant growth in assets, increasing from $5.6 million in 2014 to $10.2 million in 2023, indicating financial stability and capacity.
- Generally stable financial operations with revenues closely matching or exceeding expenses in most years.
- Low liabilities relative to assets, with a healthy asset-to-liability ratio (e.g., $10.2M assets vs. $5.4M liabilities in 2023).
Frequently Asked Questions about Port Health Services
Is Port Health Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Port Health Services (EIN: 200287545) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Port Health Services spend its money?
Port Health Services directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Port Health Services tax-deductible?
Port Health Services is registered as a tax-exempt nonprofit (EIN: 200287545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Port Health Services manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $30 million in revenue is highly unusual. This could mean that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized differently within the financial statements, such as under 'salaries and wages' for all employees rather than specifically for officers. Further detail would be needed to understand this structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed functional expense breakdown. To fully assess spending efficiency, a more granular view of how the $33,135,688 in expenses (2023) is allocated among program services, administrative overhead, and fundraising activities would be necessary.
What caused the operational deficit in fiscal year 2023?
In fiscal year 2023, Port Health Services reported expenses of $33,135,688 against revenues of $32,118,372, resulting in an operational deficit of approximately $1 million. Without further details, it's difficult to pinpoint the exact cause, but it could be due to increased program costs, one-time investments, or a temporary dip in funding relative to operational needs.
Filing History
IRS 990 filing history for Port Health Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Port Health Services's revenue has grown by 120.1%, moving from $14.6M to $32.1M. Total assets increased by 189.4% over the same period, from $3.6M to $10.3M. Total functional expenses rose by 137.5%, from $14.0M to $33.1M. In its most recent filing year (2023), Port Health Services reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $5.4M in liabilities against $10.3M in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.1M | $33.1M | $10.3M | $5.4M | — | View 990 |
| 2022 | $26.6M | $27.6M | $7.7M | $4.2M | — | View 990 |
| 2021 | $26.2M | $24.1M | $13.2M | $5.1M | — | View 990 |
| 2020 | $24.4M | $23.2M | $11.9M | $5.8M | — | — |
| 2019 | $23.7M | $23.2M | $9.1M | $4.2M | — | View 990 |
| 2018 | $22.3M | $21.5M | $8.2M | $3.8M | — | View 990 |
| 2017 | $22.2M | $22.0M | $7.6M | $4.1M | — | View 990 |
| 2016 | $21.4M | $20.3M | $6.9M | $3.5M | — | View 990 |
| 2015 | $21.1M | $20.6M | $5.8M | $3.5M | — | View 990 |
| 2014 | $18.4M | $18.2M | $5.7M | $3.9M | — | View 990 |
| 2013 | $17.1M | $16.2M | $5.7M | $3.6M | — | View 990 |
| 2012 | $16.1M | $15.5M | $4.2M | $3.0M | — | View 990 |
| 2011 | $14.6M | $14.0M | $3.6M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.1M, expenses of $33.1M, and assets of $10.3M (revenue +20.9% year-over-year).
- 2022: Revenue of $26.6M, expenses of $27.6M, and assets of $7.7M (revenue +1.3% year-over-year).
- 2021: Revenue of $26.2M, expenses of $24.1M, and assets of $13.2M (revenue +7.6% year-over-year).
- 2020: Revenue of $24.4M, expenses of $23.2M, and assets of $11.9M (revenue +2.7% year-over-year).
- 2019: Revenue of $23.7M, expenses of $23.2M, and assets of $9.1M (revenue +6.4% year-over-year).
- 2018: Revenue of $22.3M, expenses of $21.5M, and assets of $8.2M (revenue +0.5% year-over-year).
- 2017: Revenue of $22.2M, expenses of $22.0M, and assets of $7.6M (revenue +3.6% year-over-year).
- 2016: Revenue of $21.4M, expenses of $20.3M, and assets of $6.9M (revenue +1.3% year-over-year).
- 2015: Revenue of $21.1M, expenses of $20.6M, and assets of $5.8M (revenue +14.5% year-over-year).
- 2014: Revenue of $18.4M, expenses of $18.2M, and assets of $5.7M (revenue +8.2% year-over-year).
- 2013: Revenue of $17.1M, expenses of $16.2M, and assets of $5.7M (revenue +5.7% year-over-year).
- 2012: Revenue of $16.1M, expenses of $15.5M, and assets of $4.2M (revenue +10.6% year-over-year).
- 2011: Revenue of $14.6M, expenses of $14.0M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Health Services:
Data Sources and Methodology
This transparency report for Port Health Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.