Mandela Partners

Analysis

Mandela Partners is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Mandela Partners reported income of $2.6m and spending of $2.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mandela Partners sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Southern Arizona Land Trust Inc ($2.6m), Northeast Community Innovation Corp ($2.6m) and The Launch Place ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $608k (21% of expenses). Other salaries and wages came to $937k. At year end it held assets of $3.6m against liabilities of $198k, net assets of $3.4m. It reported 23 employees.