Partners Cooperative Inc

Analysis

Partners Cooperative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Partners Cooperative Inc reported income of $60.6m and spending of $60.6m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $43.5m to $60.6m (+39%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Partners Cooperative Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Valley-Wide Health Systems Inc ($60.6m), Ole Health ($60.6m) and Primary Health Care Inc ($60.5m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.9m (3.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $33.9m against liabilities of $33.1m, net assets of $744k. It reported 18 employees.