Partners of the Americas Inc

Analysis

Partners of the Americas Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partners of the Americas Inc reported income of $28.8m and spending of $28.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $28.8m (+198%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Partners of the Americas Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include United Hands Relief Inc ($28.6m), Abrahams Blessing ($28.9m) and Turkish Philanthropy Funds Inc ($28.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.4m (4.8% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $20.9m against liabilities of $20.8m, net assets of $110k. It reported 60 employees.