Gates Philanthropy Partners

Analysis

Gates Philanthropy Partners is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2015, 11 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, Gates Philanthropy Partners reported income of $132.4m and spending of $41.6m, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.5m to $132.4m (+579%), an average of +61% a year. The sharpest change came in the year to December 2020, when income rose by 788%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gates Philanthropy Partners sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Sjouwerman Foundation Inc ($129.5m), The Miami Foundation Inc ($133.5m) and The Methuselah Foundation ($129.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $116.2m against liabilities of $851k, net assets of $115.4m.