American Corporate Partners

Analysis

American Corporate Partners is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2008, 18 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, American Corporate Partners reported income of $7.2m and spending of $6.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $7.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Corporate Partners 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 92nd percentile within NY. Charities of a similar size with the same main cause include Episcopal Seniorlife Communities ($7.2m), New Vista Ranch Inc ($7.2m) and Ascension Living Via Christi Village Ponca City ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $20.6m against liabilities of $8.7m, net assets of $11.9m. It reported 91 employees.