Partners in Development Incorporated

Analysis

Partners in Development Incorporated is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Partners in Development Incorporated reported income of $905k and spending of $831k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $905k (-39%), an average of -9.3% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Partners in Development Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Nonviolent Initiative for Democracy Inc ($904k), Coar Peace Mission ($905k) and Sonlight Power Inc ($904k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $250k. At year end it held assets of $366k against liabilities of $32k, net assets of $333k. It reported 9 employees.