Partnerships for People Inc

Analysis

Partnerships for People Inc is a registered charity in United States, based in Clark, NJ. It received its IRS tax-exemption ruling in May 1989, 37 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 June 2023, Partnerships for People Inc reported income of $6.0m and spending of $5.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.0m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partnerships for People Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include United Methodist Childrens Home ($6.0m), Shares Nation Inc ($6.0m) and Fund for the Aged Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $207k (3.5% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $3.3m against liabilities of $1.4m, net assets of $1.9m. It reported 134 employees.