Downeast Community Partners Inc

Analysis

Downeast Community Partners Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Downeast Community Partners Inc reported income of $14.3m and spending of $14.6m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.3m to $14.3m (+38%), an average of +8.5% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Downeast Community Partners Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NH. Charities of a similar size with the same main cause include Community Services Inc ($14.3m), Meals-On-Wheels Inc of Tarrant ($14.3m) and Sun Street Centers ($14.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $263k (1.8% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $13.8m against liabilities of $5.4m, net assets of $8.4m. It reported 220 employees.