Partners for Life Advancement and Education Promotion

Analysis

Partners for Life Advancement and Education Promotion is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Partners for Life Advancement and Education Promotion reported income of $88k and spending of $108k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $88k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Partners for Life Advancement and Education Promotion sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Fuller Center for Housing Inc ($88k), PTA Arizona Congress of Parents & Teachers Inc ($88k) and Cornwall Historical Society Incorporated ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $720 against liabilities of $0, net assets of $720.