Iredell County Partnership for Young Children

Analysis

Iredell County Partnership for Young Children is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in May 1998, 28 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 June 2023, Iredell County Partnership for Young Children reported income of $3.9m and spending of $3.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.9m (+12%), an average of +2.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iredell County Partnership for Young Children sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Goddard Homestead Inc ($3.9m), We Are Living Proof Inc ($3.9m) and Vindeket ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $123k (3.1% of expenses). Other salaries and wages came to $900k. At year end it held assets of $154k against liabilities of $106k, net assets of $47k. It reported 22 employees.