South Kensington Community Partners Inc

Analysis

South Kensington Community Partners Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1986, 40 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 September 2023, South Kensington Community Partners Inc reported income of $339k and spending of $311k, spending 92% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $236k to $339k (+43%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Kensington Community Partners Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include First African Community Development Corporation ($339k), Creative Class Collective ($339k) and The Carver Development Board ($339k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $175k. At year end it held assets of $126k against liabilities of $8,758, net assets of $117k. It reported 10 employees.