Partnership Center for Adult Day Care Inc

Analysis

Partnership Center for Adult Day Care Inc is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Center for Adult Day Care Inc reported income of $195k and spending of $205k, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $160k to $195k (+22%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 21%. 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, Partnership Center for Adult Day Care Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include Echo Orphancare Partners ($195k), Rotary Club of Vero Beach Sunrise Foundation Inc ($195k) and Lowell Terrace Corp ($195k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.