Partners in Prevention Inc

Analysis

Partners in Prevention Inc is a registered charity in United States, based in Secaucus, NJ. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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, Partners in Prevention Inc reported income of $2.6m and spending of $2.8m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.6m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Partners in Prevention Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Center for the Visually Impaired Inc ($2.6m), Equinox Software Inc ($2.6m) and New Economy Coalition Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $151k (5.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $870k against liabilities of $512k, net assets of $358k. It reported 31 employees.