Partnerships for Permanence

Analysis

Partnerships for Permanence is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Partnerships for Permanence reported income of $224k and spending of $223k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $224k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Partnerships for Permanence sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Jennings County Youth Foundation Inc ($224k), Sharon Springs Youth Football Association Incorporated ($224k) and Ohio City Bicycle Coop Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $63k (28% of expenses). Other salaries and wages came to $54k. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 3 employees.