Social Venture Partners International

Analysis

Social Venture Partners International is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Social Venture Partners International reported income of $144k and spending of $1.3m, spending 935% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $144k (-87%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 92%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Social Venture Partners International sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include The Chiditarod Foundation ($144k), Zienzele Foundation ($144k) and Hope Christian Services Foundation Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $501k (37% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.6m against liabilities of $70k, net assets of $1.5m. It reported 1 employees.