Biostrategy Partners Inc

Analysis

Biostrategy Partners Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2010, 16 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 June 2023, Biostrategy Partners Inc reported income of $82k and spending of $48k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income fell from $178k to $82k (-54%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 58%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Biostrategy Partners Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Gwinner Community Development Corporation ($82k), Birmingham Kiwanis Foundation ($82k) and Laborers Joint Apprenticeship Andtraining Trust of Wyoming ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $248k against liabilities of $47k, net assets of $201k.