Partners for Children

Analysis

Partners for Children is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partners for Children reported income of $572k and spending of $431k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $572k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partners for Children sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Serin Charities Inc ($572k), Tift County Foundation for Educational Excellence Inc ($572k) and Champlain Valley Christian School Association Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $120k (28% of expenses). Other salaries and wages came to $140k. It paid $958 in professional fundraising fees. At year end it held assets of $393k against liabilities of $13k, net assets of $380k. It reported 20 employees.