Partnerships for Lawrence Inc

Analysis

Partnerships for Lawrence Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Partnerships for Lawrence Inc reported income of $235k and spending of $433k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $720k to $235k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income rose by 407%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Partnerships for Lawrence Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Las Vegas New Mexico Community Foundation ($235k), Community Action Council of Crow Wing County Inc ($235k) and Friends of Caritas SDR Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $157k (36% of expenses). At year end it held assets of $583k against liabilities of $48k, net assets of $536k. It reported 8 employees.