Community Partners in Action Inc

Analysis

Community Partners in Action Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in June 1950, 76 years ago. 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, Community Partners in Action Inc reported income of $19.9m and spending of $19.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $19.9m (+121%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Partners in Action Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include A New Leaf Inc ($19.9m), Castle Ridge Care Center ($19.9m) and Corvallis Neighborhood Housing Services Inc ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $447k (2.3% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $18.2m against liabilities of $10.6m, net assets of $7.5m. It reported 299 employees.