The Partnership Initiatives Fund

Analysis

The Partnership Initiatives Fund is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 Initiatives Fund reported income of $309k and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $91k to $309k (+238%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 12622%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Partnership Initiatives Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Claymore Senior Center Inc ($309k), Our Housing Mission Inc ($309k) and St George Area Housing Corporation ($309k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.