South Africa Partners Inc

Analysis

South Africa Partners Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, South Africa Partners Inc reported income of $1.6m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $1.6m (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, South Africa Partners Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include New Life Advance International ($1.6m), North Sound Foundation ($1.6m) and Institute of Global Exchange Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $43k (2.8% of expenses). Other salaries and wages came to $801k. At year end it held assets of $852k against liabilities of $230k, net assets of $622k. It reported 2 employees.