Partnership for Global Security

Analysis

Partnership for Global Security is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1999, 27 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 February 2023, Partnership for Global Security reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $618k to $1.3m (+111%), an average of +20% a year. The sharpest change came in the year to February 2022, when income rose by 533%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Partnership for Global Security sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Haiti Nursing Foundation ($1.3m), Schools for Haiti Inc ($1.3m) and Japan America Society of Hawaii ($1.3m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $344k (33% of expenses). Other salaries and wages came to $79k. At year end it held assets of $464k against liabilities of $13k, net assets of $451k. It reported 5 employees.