Wayne Charitable Partnership Inc

Analysis

Wayne Charitable Partnership Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Wayne Charitable Partnership Inc reported income of $176k and spending of $184k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $176k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wayne Charitable Partnership Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Champions for Cures ($176k), Project Peace East Bay ($177k) and Livonia Community Foundation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 60% of the total. At year end it held assets of $320k against liabilities of $43k, net assets of $277k.