The Partnership to End Homelessness Inc

Analysis

The Partnership to End Homelessness Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Partnership to End Homelessness Inc reported income of $2.9m and spending of $3.7m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.9m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Partnership to End Homelessness 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Minnesota Chamber Environmental Sustainability Foundation ($2.8m), L Arche Jacksonville Inc ($2.9m) and Housing Resources Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $278k (7.5% of expenses). Other salaries and wages came to $409k. At year end it held assets of $2.7m against liabilities of $741k, net assets of $2.0m. It reported 11 employees.