Partnership for Community Development Ltd

Analysis

Partnership for Community Development Ltd is a registered charity in United States, based in Hamilton, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Partnership for Community Development Ltd reported income of $611k and spending of $605k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $577k to $611k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Partnership for Community Development Ltd sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include 4th Purpose Foundation ($610k), Sister Rebecca Berghoff Foundation ($611k) and Education Foundation of the Mason City Public Schools ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.0% of the total. Other salaries and wages came to $241k. At year end it held assets of $582k against liabilities of $11k, net assets of $572k. It reported 4 employees.