Therapy Partners Inc

Analysis

Therapy Partners Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Therapy Partners Inc reported income of $90k and spending of $77k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $90k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Therapy Partners Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include Fayette County Association for the Blind ($90k), Tennessee Foundation for Qualitypatient Healthcare ($90k) and Alachua County Medical Society Foundation ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 22% of the total. Other salaries and wages came to $32k. At year end it held assets of $211k against liabilities of $3,244, net assets of $207k.