Partners Achieving Community Transformation Inc

Analysis

Partners Achieving Community Transformation Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Partners Achieving Community Transformation Inc reported income of $1.9m and spending of $1.2m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.6m to $1.9m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Partners Achieving Community Transformation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Joint Apprenticeship & Training Comm ($1.9m), Arts Business Collaborative Inc ($1.9m) and Arc Alliance ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $39k (3.2% of expenses). Other salaries and wages came to $242k. At year end it held assets of $5.9m against liabilities of $529k, net assets of $5.4m. It reported 4 employees.