Partners for Self-Employment Inc

Analysis

Partners for Self-Employment Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Partners for Self-Employment Inc reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $860k to $2.2m (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 218%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Partners for Self-Employment Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Harbel Community Organization Inc ($2.2m), Gemach Zichron Moshe Inc ($2.2m) and Neighbors and Neighbors Association Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $108k. At year end it held assets of $6.9m against liabilities of $563k, net assets of $6.4m. It reported 2 employees.