Beaufort Hyde Partnership for Children

Analysis

Beaufort Hyde Partnership for Children is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in November 1998, 28 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 2024, Beaufort Hyde Partnership for Children reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.8m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beaufort Hyde Partnership for Children sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Short North Stage Inc ($1.8m), John G McCullough Free Library Inc ($1.8m) and Paris Trinity Christian Academy Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $90k (5.3% of expenses). Other salaries and wages came to $453k. At year end it held assets of $199k against liabilities of $47k, net assets of $152k. It reported 13 employees.