Partners 4 Hope Tanzania

Analysis

Partners 4 Hope Tanzania is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in August 2017, 9 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 4 Hope Tanzania reported income of $248k and spending of $291k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $248k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partners 4 Hope Tanzania sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Korean American Senior Citizens Association of NJ Inc ($248k), Philippine Independence Day Council Inc ($248k) and Care-A-Van-Saint Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $79k against liabilities of $1,000, net assets of $78k. It reported 3 employees.