Partners Worldwide
Analysis
Partners Worldwide is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Partners Worldwide reported income of $5.8m and spending of $5.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $5.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 87% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Partners Worldwide 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 93rd percentile within MI. Charities of a similar size with the same main cause include India Community Center Inc ($5.8m), Junior Achievement of Central Ohio ($5.8m) and Little Market Inc ($5.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $290k (5.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $18.3m against liabilities of $1.3m, net assets of $17.1m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 4.0%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| India Community Center Inc | Milpitas | $5.8m |
| Junior Achievement of Central Ohio | Columbus | $5.8m |
| Little Market Inc | New York | $5.8m |
| International Institute on Race Equality and Human Rights | Washington | $5.9m |