Partners in Child Development Inc

Analysis

Partners in Child Development Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Partners in Child Development Inc reported income of $8.3m and spending of $8.3m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.9m to $8.3m (+20%), an average of +4.7% a year. 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, Partners in Child Development Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include California Foundation for Independent Living Centers ($8.3m), Childcare Resources ($8.3m) and Jewish Family Service of Tidewater Inc ($8.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $171k (2.1% of expenses). Other salaries and wages came to $5.6m. It paid $8,570 in professional fundraising fees. At year end it held assets of $5.1m against liabilities of $1.6m, net assets of $3.5m. It reported 150 employees.