Partnership of Ashe

Analysis

Partnership of Ashe is a registered charity in United States, based in Jefferson, NC. It received its IRS tax-exemption ruling in June 1995, 31 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 of Ashe reported income of $1.5m and spending of $821k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $810k to $1.5m (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnership of Ashe sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Trinity College Community Child Care Center Inc ($1.5m), Montessori in Motion ($1.5m) and Texas Council for International Studies ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (8.7% of expenses). Other salaries and wages came to $318k. At year end it held assets of $868k against liabilities of $25k, net assets of $843k. It reported 13 employees.