Tecumseh Area Partnership Inc

Analysis

Tecumseh Area Partnership Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Tecumseh Area Partnership Inc reported income of $6.3m and spending of $6.3m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.8m to $6.3m (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tecumseh Area Partnership Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Building Skills Partnership ($6.3m), Inquiring Systems Inc ($6.3m) and Trickle Up Program Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $255k (4.1% of expenses). Other salaries and wages came to $428k. At year end it held assets of $943k against liabilities of $815k, net assets of $127k. It reported 8 employees.