Unleashing the Power of Partnership for Learning Inc
Analysis
Unleashing the Power of Partnership for Learning Inc is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in May 2015, 11 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 2023, Unleashing the Power of Partnership for Learning Inc reported income of $911k and spending of $908k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $644k to $911k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Unleashing the Power of Partnership for Learning Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within VT. Charities of a similar size with the same main cause include Naperville Education Foundation ($911k), Lighthouse Academy of Fredericksburg Inc ($911k) and Country Christian School ($910k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $532k. At year end it held assets of $319k against liabilities of $192k, net assets of $127k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Naperville Education Foundation | Naperville | $911k |
| Lighthouse Academy of Fredericksburg Inc | Fredericksbrg | $911k |
| Country Christian School | Bakersfield | $910k |
| Western Pennsylvania Montessori School | Allison Park | $911k |