Banchero Disability Partners

Analysis

Banchero Disability Partners is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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, Banchero Disability Partners reported income of $9.1m and spending of $7.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $9.1m (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Banchero Disability Partners sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Pikesville Armory Foundation Inc ($9.1m), Jewish Family Service Agency of Central Jersey ($9.1m) and Access North Center for Independent Living of Northeastern Minnesota ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $311k (4.3% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $13.4m against liabilities of $5.0m, net assets of $8.4m. It reported 136 employees.