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Partners in Evangelism Inc

RegisteredEIN 31-1768378Frederick, MDPoverty relief
Income$3.2m2023-12
Spending$3.4msame year
Spent / received98%5-year average
Size in its cause87th pctPoverty relief
Exempt since2001Supporting organisation
Employees5latest return

Analysis

Partners in Evangelism Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partners in Evangelism Inc reported income of $3.2m and spending of $3.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.2m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partners in Evangelism 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 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Murphslife Foundation ($3.2m), Inunity Alliance Inc ($3.2m) and Jimmy Simpson Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $495k. At year end it held assets of $1.1m against liabilities of $43k, net assets of $1.1m. It reported 5 employees.

Income and spending

$0$845k$1.7m$2.5m$3.4m2019 Income: $2,102,0692019 Spending: $2,114,42420192020 Income: $2,687,4192020 Spending: $2,531,49520202021 Income: $3,376,6352021 Spending: $3,014,00020212022 Income: $3,262,6012022 Spending: $3,291,94520222023 Income: $3,185,2172023 Spending: $3,379,7072023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 3.3%

Similar-sized charities, same cause

CharityLocationIncome
Murphslife FoundationSalt Lake Cty$3.2m
Inunity Alliance IncAlbany$3.2m
Jimmy Simpson FoundationRock Spring$3.2m
Learning WorksPortland$3.2m