Midwest Partnership Corporation

Analysis

Midwest Partnership Corporation is a registered charity in United States, based in Stuart, IA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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, Midwest Partnership Corporation reported income of $135k and spending of $93k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $135k (-0.1%), an average of -0.1% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Partnership Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include The German School of South Florida Inc ($135k), Soo Michigan Hockey Association ($135k) and Little League Baseball Inc ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $282k against liabilities of $20k, net assets of $262k.