Partnership Foundation

Analysis

Partnership Foundation is a registered charity in United States, based in Spring Arbor, MI. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Partnership Foundation reported income of $332k and spending of $362k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $499k to $332k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Partnership Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Sahuarita Unified School District Educational Enrichment Foundation ($332k), Mercy Endeavors ($332k) and Clay Street Center ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.