Student Sponsor Partnership Inc

Analysis

Student Sponsor Partnership Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1988, 38 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 August 2023, Student Sponsor Partnership Inc reported income of $9.4m and spending of $8.5m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $19.4m to $9.4m (-51%), an average of -16% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Sponsor Partnership Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Burns Science and Technology Charter School Inc ($9.4m), Annenberg School for Communication TR at the University of Pa ($9.4m) and Jobs for Americas Graduates - Kansas Inc ($9.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $26.3m against liabilities of $201k, net assets of $26.1m. It reported 19 employees.