Partners for Development

Analysis

Partners for Development is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in December 1996, 30 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 (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 Development reported income of $2.3m and spending of $4.0m, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.3m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 2014%. Over the whole period it spent 141% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Partners for Development sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include New Covenant Missions Inc ($2.3m), Junior Achievement USA ($2.3m) and Kanzhongguo Association Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $190k (4.8% of expenses). Other salaries and wages came to $690k. At year end it held assets of $3.9m against liabilities of $362k, net assets of $3.5m. It reported 3 employees.