Portage Area Community Charitable Trust
Portage Area Community Charitable Trust shows strong asset growth and zero officer compensation over seven years.
EIN: 146268845 · Portage, WI · NTEE: T31 · Updated: 2026-03-28
Is Portage Area Community Charitable Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portage Area Community Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portage Area Community Charitable Trust
Portage Area Community Charitable Trust (EIN: 146268845) is a nonprofit organization based in Portage, WI, classified under NTEE code T31. The organization reported total revenue of $149K and total assets of $803K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portage Area Community Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Portage Area Community Charitable Trust with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Portage Area Community Charitable Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all seven filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with assets growing to over $643,000.
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.
Strengths
The following positive indicators were identified for Portage Area Community Charitable Trust:
- Consistent asset growth, from $55,100 in 2018 to $643,824 in 2024.
- Zero officer compensation reported across all seven filing periods, indicating volunteer leadership.
- No liabilities reported in any of the seven filing periods, demonstrating strong financial stability.
- Consistent filing of IRS 990 forms over seven periods, indicating transparency.
- Strong net positive revenue over expenses in most years, contributing to asset accumulation (e.g., $197,270 revenue vs. $51,471 expenses in 2024).
Frequently Asked Questions about Portage Area Community Charitable Trust
Is Portage Area Community Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Portage Area Community Charitable Trust (EIN: 146268845) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Portage Area Community Charitable Trust spend its money?
Portage Area Community Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portage Area Community Charitable Trust tax-deductible?
Portage Area Community Charitable Trust is registered as a tax-exempt nonprofit (EIN: 146268845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Portage Area Community Charitable Trust a good charity?
Based on the provided data, yes. The organization demonstrates strong financial health with growing assets, no liabilities, and a commitment to volunteer leadership (0% officer compensation), suggesting a high proportion of funds are directed towards its charitable mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $55,100 in 2018 to $643,824 in 2024. It has consistently maintained zero liabilities, indicating strong fiscal management.
What is the organization's approach to executive compensation?
The Portage Area Community Charitable Trust has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all seven filing periods, indicating a volunteer-led structure.
Filing History
IRS 990 filing history for Portage Area Community Charitable Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Portage Area Community Charitable Trust's revenue has grown by 266.2%, moving from $54K to $197K. Total assets increased by 1068.5% over the same period, from $55K to $644K. Total functional expenses rose by 110.8%, from $24K to $51K. In its most recent filing year (2024), Portage Area Community Charitable Trust reported a surplus of $146K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $197K | $51K | $644K | $0 | — | — |
| 2023 | $116K | $172K | $454K | $0 | — | View 990 |
| 2022 | $294K | $63K | $508K | $0 | — | View 990 |
| 2021 | $195K | $130K | $283K | $0 | — | View 990 |
| 2020 | $158K | $55K | $261K | $0 | — | View 990 |
| 2019 | $124K | $15K | $166K | $0 | — | View 990 |
| 2018 | $54K | $24K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $197K, expenses of $51K, and assets of $644K (revenue +70.1% year-over-year).
- 2023: Revenue of $116K, expenses of $172K, and assets of $454K (revenue -60.6% year-over-year).
- 2022: Revenue of $294K, expenses of $63K, and assets of $508K (revenue +50.8% year-over-year).
- 2021: Revenue of $195K, expenses of $130K, and assets of $283K (revenue +23.7% year-over-year).
- 2020: Revenue of $158K, expenses of $55K, and assets of $261K (revenue +27.5% year-over-year).
- 2019: Revenue of $124K, expenses of $15K, and assets of $166K (revenue +129.7% year-over-year).
- 2018: Revenue of $54K, expenses of $24K, and assets of $55K.
Data Sources and Methodology
This transparency report for Portage Area Community Charitable Trust 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.