Partnership for Economics Education and Research

Analysis

Partnership for Economics Education and Research is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2023, Partnership for Economics Education and Research reported income of $949k and spending of $946k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $949k (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Partnership for Economics Education and Research sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Florence Scott Libbey Trust ($948k), Lawyers for the Creative Arts ($949k) and Young Actors Theatre of Tallahassee Inc ($948k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $121k (13% of expenses). Other salaries and wages came to $357k. At year end it held assets of $2.0m against liabilities of $652k, net assets of $1.3m.