The Family Partnership

Analysis

The Family Partnership is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Family Partnership reported income of $7.7m and spending of $9.6m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.2m to $7.7m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Family Partnership sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Ohio Domestic Violence Network ($7.7m), Las Cumbres Community Services Inc ($7.7m) and Rain Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $701k (7.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $14.7m against liabilities of $1.6m, net assets of $13.0m. It reported 132 employees.