Partnerschools Inc

Analysis

Partnerschools Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partnerschools Inc reported income of $116k and spending of $71k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,650 to $116k (+6902%), an average of +6902% a year. The sharpest change came in the year to December 2023, when income rose by 6902%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnerschools Inc 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 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Haverhill Library Association ($116k), Parent Booster USA Inc ($116k) and Wareham Library Foundation Inc ($115k).

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 $46k against liabilities of $0, net assets of $46k.