Southern Partners Fund Inc

Analysis

Southern Partners Fund Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 1998, 28 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 December 2023, Southern Partners Fund Inc reported income of $7.4m and spending of $3.7m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $857k to $7.4m (+766%), an average of +72% a year. The sharpest change came in the year to December 2020, when income rose by 1753%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Partners Fund Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Community & Family Services Inc ($7.4m), Benco ($7.4m) and Harmony Family Center Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $594k (16% of expenses). Other salaries and wages came to $192k. At year end it held assets of $25.5m against liabilities of $390k, net assets of $25.1m. It reported 7 employees.