Partnership for Children of Cumberland County Inc

Analysis

Partnership for Children of Cumberland County Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Partnership for Children of Cumberland County Inc reported income of $14.4m and spending of $14.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.4m to $14.4m (+7.2%), an average of +1.8% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnership for Children of Cumberland County Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Corbett Preparatory School of Ids Inc ($14.4m), Prep for Prep ($14.4m) and Extera Public Schools ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $121k (0.8% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $3.7m against liabilities of $1.1m, net assets of $2.6m. It reported 71 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.