Springfield Partners for Community

Analysis

Springfield Partners for Community is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in April 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Springfield Partners for Community reported income of $12.0m and spending of $11.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.5m to $12.0m (+121%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springfield Partners for Community sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Garden School ($12.0m), Betty Shabazz International Charter School ($12.1m) and Trinity Presbyterian School ($12.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $173k (1.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.7m against liabilities of $1.2m, net assets of $2.6m. It reported 86 employees.