Mission
TO ADVANCE, PROMOTE AND MARKET THE COMMERCIAL, BUSINESS, ECONOMIC, RESIDENTIAL, AND CIVIC DEVELOPMENT OF THE DOWNTOWN AREA OF SPENCER IN WHATEVER WAY AND BY SUCH MEANS AS SHALL
Small Public Charity
SPENCER PARTNERSHIP INC
Based in SPENCER, NC, SPENCER PARTNERSHIP INC operates as a Small Public Charity. The organization reported $151K in revenue, $123K in expenses, $37K in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $68K.
EIN: 030410768
SPENCER, NC
Community & Neighborhood Development
NTEE: S20
Latest filing: 2025
Total Revenue$151K
Total Expenses$123K
Total Assets$37K
Grant Records4
Funding Total$68K
Filing Years2022–2025
Where $100 goes at Spencer Partnership Inc
How Spencer Partnership Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 3 years.
$100
Programs
the work itself
<$1
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $100 for programs
$88
Provide holiday entertainment and encouragedowntown Spencer activity and fellowship
$11
Provide christmas parade to downtown spencerfor all of the community to enjoy
$1
Supporting and sponsoring race events to encouragespencer running trails
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
CHARITABLE GIFT
$20,000
COMMUNITY OUTREACH
$7,500
CHARITABLE GIFT
$20,000
CHARITABLE GIFT
$20,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Carolyn Barker
TREASURER
Rita Sims
CO CHAIRMAN
Sherry Mason-Brown
SECRETARY
Tyler Howe
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $151K | $123K | $37K |
| 2024 | $115K | $119K | $9K |
| 2023 | $102K | $126K | $13K |
| 2022 | $112K | $78K | $37K |
Between 2022 and 2025, reported annual revenue grew from $112K to $151K (+34%), with total assets most recently reported at $37K.
Interactive year-over-year charts and full filing details available with membership.