Uptown Partnership

Analysis

Uptown Partnership is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in January 2021, 5 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 (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, Uptown Partnership reported income of $144k and spending of $124k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $60 to $144k (+239092%), an average of +4791% a year. The sharpest change came in the year to December 2022, when income rose by 634677%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uptown Partnership sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include McHenry County Council of Goverments ($143k), Black Clergy Collaborative of Memphis ($144k) and Valparaiso Economic Development Corporation ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $46k. It paid $200 in professional fundraising fees. At year end it held assets of $176k against liabilities of $0, net assets of $176k. It reported 1 employees.