Partners in Care Foundation Inc

Analysis

Partners in Care Foundation Inc is a registered charity in United States, based in San Fernando, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Partners in Care Foundation Inc reported income of $29.0m and spending of $28.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.0m to $29.0m (+123%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 43%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Partners in Care Foundation Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Breckinridge Health Inc ($29.0m), New Horizons of the Treasure Coast Inc ($29.0m) and Lenape Valley Foundation ($29.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $1.1m (4.0% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $22.3m against liabilities of $6.5m, net assets of $15.8m. It reported 316 employees.