Porch-hillsborough is a 501(c)(3) organization based in Hillsborough, North Carolina, registered in 2014, with $424,084 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$424K
▲ 10.5% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$478K
Net assets
$62K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Porch-hillsborough— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Porch-hillsborough: 2 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Porch-hillsborough— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Porch-hillsborough: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $66K (FY2018) to $424K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-12.8%
Spent more than it raised in the latest fiscal year.
Total assets
$63K
Total liabilities
$1,239
Net assets
$62K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $424,084▲10.5% | $478,200▲42.4% | $61,692▼46.6% | $62,931▼45.5% | 990 |
| 2023 | $383,696▲58.8% | $335,924▲49.1% | $115,487▲70.5% | $115,487▲66.3% | 990 |
| 2022 | $241,681▼2.9% | $225,264▼8.3% | $67,715▲32.0% | $69,435▲35.4% | 990 |
| 2021 | $248,982▲0.8% | $245,677▲10.8% | $51,298▲25.3% | $51,298▲25.3% | 990 |
| 2020 | $247,116▲112% | $221,664▲97.9% | $40,925▲164% | $40,925▲164% | 990 |
| 2019 | $116,721▲75.7% | $111,997▲78.7% | $15,473▲43.9% | $15,473▲43.9% | 990EZ |
| 2018 | $66,429 | $62,664 | $10,749 | $10,749 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Porch-hillsborough totaling $215K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University Impact | To support organization | 2024 | $100,000 |
| University Impact | To support organization | 2023 | $100,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $5,800 |
| American Heart Association Inc | Community health | 2021 | $9,323 |
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Data for Porch-hillsborough (EIN 46-4965398) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.