Partner Community Capital Inc

Analysis

Partner Community Capital Inc is a registered charity in United States, based in Charles Town, WV. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Partner Community Capital Inc reported income of $17.6m and spending of $7.2m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $17.6m (+285%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partner Community Capital Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within WV. Charities of a similar size with the same main cause include Arrowhead West Inc ($17.6m), Human First Inc ($17.6m) and Southwestern Pennsylvania Area ($17.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $711k (9.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $98.1m against liabilities of $61.5m, net assets of $36.6m. It reported 33 employees.