Northwoods Partners

Analysis

Northwoods Partners is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in January 2002, 24 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, Northwoods Partners reported income of $292k and spending of $251k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $292k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwoods Partners sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include 360 Eats ($291k), Connellsville Area Senior Tigers Inc ($292k) and West End Senior Citizens Inc of Buh ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $89k (36% of expenses). Other salaries and wages came to $47k. At year end it held assets of $520k against liabilities of $22k, net assets of $497k. It reported 2 employees.