Strategic Facility Partners Inc

Analysis

Strategic Facility Partners Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Strategic Facility Partners Inc reported income of $2.5m and spending of $2.7m, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $2.4m to $2.5m (+3.4%), an average of +1.7% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strategic Facility Partners Inc 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 OH. Charities of a similar size with the same main cause include Halifax County Smart Start Partnership for Children Inc ($2.5m), Logan Hope ($2.5m) and Liceo Ponceno Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $28k (1.0% of expenses). Other salaries and wages came to $211k. At year end it held assets of $17.1m against liabilities of $17.8m, net assets of -$684k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.