Partnership of African American Churches Inc

Analysis

Partnership of African American Churches Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in March 2001, 25 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, Partnership of African American Churches Inc reported income of $5.3m and spending of $4.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $5.3m (+268%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partnership of African American Churches Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WV. Charities of a similar size with the same main cause include Little People Childcare Inc ($5.3m), Metropolitan Foundation ($5.3m) and University Now Day Nursery ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $359k (7.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.5m against liabilities of $286k, net assets of $2.3m. It reported 115 employees.