Great Schools Partnership Inc

Analysis

Great Schools Partnership Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Great Schools Partnership Inc reported income of $4.3m and spending of $5.0m, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $4.3m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Schools Partnership Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include Fitchburg State University Foundation Inc ($4.3m), Great Plains Education Foundation Inc ($4.3m) and Greenwood Charter School ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $185k (3.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.6m against liabilities of $685k, net assets of $1.9m. It reported 32 employees.