Partners for a Better Education Inc

Analysis

Partners for a Better Education Inc is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Partners for a Better Education Inc reported income of $211k and spending of $228k, spending 108% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $241k to $211k (-13%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partners for a Better Education Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Eta Pi Chapter Foundation Inc ($211k), St Paul School Foundation ($211k) and Emunas Dovid Inc ($211k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $8,308 (3.6% of expenses). Other salaries and wages came to $41k. At year end it held assets of $513k against liabilities of $5,575, net assets of $507k. It reported 3 employees.