Partners in Giving Inc

Analysis

Partners in Giving Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Partners in Giving Inc reported income of $63k and spending of $38k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $63k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Partners in Giving Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Ujima Ya Ujamaa Inc ($63k), Detroit Lake Foundation ($64k) and 4 Knowledge Is Power Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.