Partnersfinancial Charitable Foundation

Analysis

Partnersfinancial Charitable Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Partnersfinancial Charitable Foundation reported income of $466k and spending of $158k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $466k (+268%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 290%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Partnersfinancial Charitable Foundation sits at the 72nd percentile: it is larger than about 72% 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 Phi Community Foundation ($466k), Pregnancy Service Center Inc of Salina Kansas ($466k) and Simon Family Foundation ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $24k (15% of expenses). At year end it held assets of $1.7m against liabilities of $3,500, net assets of $1.7m.