1693 Partners Fund

Analysis

1693 Partners Fund is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, 1693 Partners Fund reported income of $123.9m and spending of $46.7m, leaving 62% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $38.7m to $123.9m (+220%), an average of +79% a year. The sharpest change came in the year to June 2022, when income rose by 169%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1693 Partners Fund sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VA. Charities of a similar size with the same main cause include Lyrasis ($123.9m), Wilmington University Inc ($123.9m) and Braverhood Ltd ($123.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 86% of the total. At year end it held assets of $1.03bn against liabilities of $2.1m, net assets of $1.03bn.