Duet Partners in Health & Aging Inc

Analysis

Duet Partners in Health & Aging Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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, Duet Partners in Health & Aging Inc reported income of $2.0m and spending of $2.4m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $968k to $2.0m (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duet Partners in Health & Aging Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Staunton-Augusta County First Aid and Rescue Squad Inc ($2.0m), Borculo Christian School ($2.0m) and Wesley Village Retirement Home Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $90k (3.7% of expenses). Other salaries and wages came to $1.2m. It paid $54k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $931k, net assets of $1.5m. It reported 33 employees.