Community Partnerships Inc

Analysis

Community Partnerships Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 1985, 41 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, Community Partnerships Inc reported income of $3.2m and spending of $2.8m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Partnerships Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Youth Service Bureau of St Joseph County Inc ($3.2m), Bounty & Soul ($3.2m) and Hawaii Agriculture Research Center ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $110k (3.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.6m against liabilities of $307k, net assets of $1.3m. It reported 51 employees.