Equal Partners Inc

Analysis

Equal Partners Inc is a registered charity in United States, based in Tabernacle, NJ. It received its IRS tax-exemption ruling in August 1999, 27 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 September 2023, Equal Partners Inc reported income of $1.1m and spending of $1.3m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $952k to $1.1m (+20%), an average of +4.6% a year. The sharpest change came in the year to September 2020, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equal Partners Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Carroll County Senior Services Organization Inc ($1.1m), Albuquerque Christian Childrens Home Inc ($1.1m) and Elyria Medical Center Foundation ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $276k (21% of expenses). Other salaries and wages came to $653k. At year end it held assets of $481k against liabilities of $107k, net assets of $374k. It reported 20 employees.