Partners in Hope - Texas

Analysis

Partners in Hope - Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2011, 15 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, Partners in Hope - Texas reported income of $466k and spending of $564k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $466k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partners in Hope - Texas sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Animals As Natural Therapy ($466k), Denver Police Orphans Fund Inc ($466k) and New York City District Council of Carpenters Charity Fund ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $83k (15% of expenses). Other salaries and wages came to $264k. At year end it held assets of $365k against liabilities of $2,835, net assets of $363k. It reported 10 employees.