Venture Partners Education and Career Development

Analysis

Venture Partners Education and Career Development is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover employment, 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, Venture Partners Education and Career Development reported income of $143k and spending of $132k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $143k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Venture Partners Education and Career Development 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 OR. Charities of a similar size with the same main cause include Worldnets Synergy Foundation Inc ($143k), New Jersey Allergy Asthma and Immunology Society Inc ($143k) and Morro Bay Community Quota Fund ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $4,000, net assets of $26k.