Nonprofit Partnership

Analysis

Nonprofit Partnership is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 2007, 19 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, Nonprofit Partnership reported income of $730k and spending of $677k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $730k (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nonprofit Partnership sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Impact Services Inc ($730k), Doniphan County Services and Workskills Inc ($730k) and Common Wealth Inc ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $138k (20% of expenses). Other salaries and wages came to $201k. At year end it held assets of $263k against liabilities of $131k, net assets of $132k. It reported 5 employees.