Yonkers Partners in Education Inc

Analysis

Yonkers Partners in Education Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in May 2006, 20 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 June 2023, Yonkers Partners in Education Inc reported income of $3.3m and spending of $2.7m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.3m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yonkers Partners in Education 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 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Mars Hill Ministries Inc ($3.3m), Raleigh Oak Charter School ($3.3m) and Embry-Riddle Aeronautical University Asia Ltd ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $165k (6.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.4m against liabilities of $876k, net assets of $3.5m. It reported 38 employees.