A Partnership for Change Inc

Analysis

A Partnership for Change Inc is a registered charity in United States, based in Oradell, NJ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, A Partnership for Change Inc reported income of $695k and spending of $797k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $484k to $695k (+43%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Partnership for Change Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Leadership Montana Inc ($694k), Mayo Medical Alumni Association ($695k) and Necp Abc ($694k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $340k (43% of expenses). Other salaries and wages came to $295k. At year end it held assets of $400k against liabilities of $23k, net assets of $378k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.