Partners for Home Inc

Analysis

Partners for Home Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 for Home Inc reported income of $16.1m and spending of $13.1m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $16.1m (+576%), an average of +61% a year. The sharpest change came in the year to June 2021, when income rose by 322%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partners for Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Woldenberg Village Inc ($16.1m), Institute for Community Alliances ($16.2m) and Irvine Campus Housing Authority ($16.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $371k (2.8% of expenses). Other salaries and wages came to $1.0m. It paid $44k in professional fundraising fees. At year end it held assets of $7.7m against liabilities of $1.9m, net assets of $5.9m. It reported 19 employees.