Partnership with Children Inc

Analysis

Partnership with Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1936, 90 years ago. 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, Partnership with Children Inc reported income of $14.5m and spending of $14.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.9m to $14.5m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Partnership with Children Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include The Food Bank of Central Louisiana Inc ($14.5m), Senior Services Plus Inc ($14.5m) and Abraham Joshua Heschel Day School ($14.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $701k (4.9% of expenses). Other salaries and wages came to $7.9m. It paid $105k in professional fundraising fees. At year end it held assets of $15.6m against liabilities of $1.4m, net assets of $14.2m. It reported 242 employees.