Nantucket Partnership for Children Inc

Analysis

Nantucket Partnership for Children Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nantucket Partnership for Children Inc reported income of $6.3m and spending of $4.9m, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.9m to $6.3m (+117%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nantucket Partnership for Children Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Twin County Recovery Services Inc ($6.3m), San Diego Christian Foundation Inc ($6.3m) and Catholic Charities of the Diocese of Allentown Inc ($6.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $2.7m (56% of expenses). At year end it held assets of $12.4m against liabilities of $4.0m, net assets of $8.3m. It reported 114 employees.