Belong Partners

Analysis

Belong Partners is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Belong Partners reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.5m (+56%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Belong Partners 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 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Boys & Girls Clubs of St Helena & Calistoga Inc ($2.5m), Boys & Girls Club of North Louisiana ($2.5m) and Boys & Girls Club of Gordon Murray and Whitfield Counties Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $102k (4.8% of expenses). Other salaries and wages came to $1.3m. It paid $51k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $391k, net assets of $918k. It reported 33 employees.