Partnership for College Completion

Analysis

Partnership for College Completion is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Partnership for College Completion reported income of $2.6m and spending of $2.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.6m (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 195%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnership for College Completion sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Sno-Isle Regional Library Foundation ($2.6m), Northwest Education Access ($2.6m) and Quality Education for Minorities Network ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $222k (10.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.7m against liabilities of $423k, net assets of $3.3m. It reported 17 employees.