Friendly Sons of St Patrick of New Bedford Inc

Analysis

Friendly Sons of St Patrick of New Bedford Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Friendly Sons of St Patrick of New Bedford Inc reported income of $56k and spending of $53k, spending 95% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $56k to $56k (-0.7%), an average of -0.7% a year. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friendly Sons of St Patrick of New Bedford Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Civil and Environmental Engineering Visiting Council Inc ($56k), Story Preservation Initiative ($56k) and Lockport Fall Food Festival Inc ($56k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.