The Partnership for Children of Wayne County Inc

Analysis

The Partnership for Children of Wayne County Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in January 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, The Partnership for Children of Wayne County Inc reported income of $5.1m and spending of $5.0m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.4m to $5.1m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Partnership for Children of Wayne County Inc 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 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Global Online Academy ($5.1m), Wilson School Corporation ($5.1m) and Telra Institute ($5.1m).

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 $123k (2.5% of expenses). Other salaries and wages came to $779k. At year end it held assets of $339k against liabilities of $75k, net assets of $265k. It reported 20 employees.