Public Charity

PORTCO INC

Based in SUFFOLK, VA, PORTCO INC operates as a Public Charity. The organization reported $12.8M in revenue, $12.8M in expenses, $3.5M in total assets for fiscal year 2025. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $247K.

EIN: 541598359 SUFFOLK, VA Vocational Rehabilitation NTEE: J30 Latest filing: 2025
Total Revenue$12.8M
Total Expenses$12.8M
Total Assets$3.5M
Grant Records10
Funding Total$247K
Filing Years2021–2025

Mission

TO PROVIDE EMPLOYMENT OPPORTUNITIES TO PEOPLE WITH DISABILITIES.

Where $100 goes at Portco Inc

How Portco Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$45
Provide employment opportunities to people with disabilities
50% of program spending
$45
To support the mission of Portco Inc and provide employment opportunities to people with disabilities
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
ECONOMIC COMPETITIVENESS
$30,000
2024
CMMC, ERS, GROWTH, MODERNIZATION & TECHNOLOGY, MARKETING & SOCIAL MEDIA GRANT, REGULATORY COMPLIANCE, TRAINING, CERTIFICATION & COMPLIANCE GRANT
$105,776
$30,000
2021
NPA TRAINING VOUCHERS GRANT
$10,000
2020
QUALITY WORK ENVIRONMENT,PPE
$7,500

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

CHIEF OPERAT Belinda Daugherty
BOARD MEMBER Bill Underwood
BOARD MEMBER David Holley
PRESIDENT & D Mark Wilson
CHAIRMAN Melissa Edmonds
CO-CHAIR Michael Townsend

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$105,776 1 grant
Economic Development
$50,000 2 grants
General Support
$33,818 4 grants
Human & Social Services
$30,000 1 grant
Environment & Conservation
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.8M $12.8M $3.5M
2024 $11.5M $11.5M $3.7M
2023 $11.2M $10.6M $3.5M
2022 $9.9M $10.1M $1.9M
2021 $9.4M $9.1M $2.1M

Between 2021 and 2025, reported annual revenue grew from $9.4M to $12.8M (+36%), with total assets most recently reported at $3.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PORTCO INC

Complete financials, all 10 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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