Partnership Project Inc

Analysis

Partnership Project Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Partnership Project Inc reported income of $41.1m and spending of $35.5m, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $6.3m to $41.1m (+552%), an average of +46% a year. The sharpest change came in the year to December 2019, when income rose by 195%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Partnership Project Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include American Conservation ($41.0m), U S Green Building Council Inc ($41.2m) and Thanksgiving Point Institute Inc ($40.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $540k (1.5% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $35.0m against liabilities of $9.7m, net assets of $25.3m. It reported 116 employees.