Partnership Carson City

Analysis

Partnership Carson City is a registered charity in United States, based in Carson City, NV. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Partnership Carson City reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $828k to $1.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Partnership Carson City sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NV. Charities of a similar size with the same main cause include Boys and Girls Clubs of Thecumberland Plateau Inc ($1.1m), Blue Ribbon Commission Prevention of Youth Violence ($1.1m) and Boys and Girls Club of South Oakland County ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $73k (6.2% of expenses). Other salaries and wages came to $352k. At year end it held assets of $542k against liabilities of $393k, net assets of $149k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.