Partners Hope Foundation
Analysis
Partners Hope Foundation is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Hope Foundation reported income of $3.6m and spending of $239k, leaving 93% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $6.6m to $3.6m (-46%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 5.2% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Partners Hope Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MT. Charities of a similar size with the same main cause include Brigids Path Inc ($3.6m), The Maven Project ($3.6m) and Adept Educational Institute of Maine Inc ($3.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $68k (29% of expenses). Other salaries and wages came to $23k. At year end it held assets of $13.2m against liabilities of $1.1m, net assets of $12.1m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 8.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brigids Path Inc | Moraine | $3.6m |
| The Maven Project | San Francisco | $3.6m |
| Adept Educational Institute of Maine Inc | Augusta | $3.6m |
| Alliance for Health Policy | Washington | $3.6m |