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Strategic Twin-Counties Education Partnership

RegisteredEIN 45-5358881Rocky Mount, NCEducation and training
Income$257k2024-06
Spending$279ksame year
Spent / received90%3-year average
Size in its cause58th pctEducation and training
Exempt since2018Publicly supported organisat
Employees16latest return

Analysis

Strategic Twin-Counties Education Partnership is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Strategic Twin-Counties Education Partnership reported income of $257k and spending of $279k, spending 109% of what it took in. Across the 3 years on record, from June 2020 to June 2024, income grew from $218k to $257k (+17%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strategic Twin-Counties Education Partnership sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Orange County Gang Reduction and Intervention Partnership ($257k), Baltimore Cares Incorporated ($257k) and Creative Opportunities Unlimited ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (26% of expenses). Other salaries and wages came to $112k. At year end it held assets of $222k against liabilities of $4,382, net assets of $217k. It reported 16 employees.

Income and spending

$0$76k$152k$228k$303k2020 Income: $218,3202020 Spending: $161,59320202023 Income: $303,4992023 Spending: $256,89120232024 Income: $256,5102024 Spending: $278,9022024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Orange County Gang Reduction and Intervention PartnershipIrvine$257k
Baltimore Cares IncorporatedBaltimore$257k
Creative Opportunities UnlimitedOrlando$256k
Society of American Indian DentistincCarson City$257k