Partners for Community Development Inc

Analysis

Partners for Community Development Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Partners for Community Development Inc reported income of $8.9m and spending of $8.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $8.9m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partners for Community Development 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 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include The Next Door ($8.9m), Evernorth ($8.9m) and San Carlos Development Corporation ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $249k (2.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $8.5m against liabilities of $4.7m, net assets of $3.8m. It reported 80 employees.