Patches of Light
Analysis
Patches of Light is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Patches of Light reported income of $137k and spending of $111k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $137k (-9.8%), an average of -9.8% a year. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patches of Light sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Grandmas Love Inc ($137k), Junior Council ($137k) and Friends of the Astoria Armory ($137k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grandmas Love Inc | Brooklyn | $137k |
| Junior Council | Chicago | $137k |
| Friends of the Astoria Armory | Seaside | $137k |
| Second Chance Living Pmi Corporation | Harvey | $137k |