North Shore Area Partners

Analysis

North Shore Area Partners is a registered charity in United States, based in Silver Bay, MN. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, North Shore Area Partners reported income of $641k and spending of $612k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $641k (+236%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Shore Area Partners sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Foreverdads ($641k), Rock Island County Childrens Advocacy Center ($641k) and Senior Resource Center Inc ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $69k (11% of expenses). Other salaries and wages came to $332k. At year end it held assets of $927k against liabilities of $9,098, net assets of $918k. It reported 26 employees.