El Amor de Patricia

Analysis

El Amor de Patricia is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2007, 19 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 August 2023, El Amor de Patricia reported income of $974k and spending of $843k, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $659k to $974k (+48%), an average of +10% a year. The sharpest change came in the year to August 2023, when income rose by 44%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Amor de Patricia sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Stepping Stone Incorporated ($974k), Riverbend Ranch and Retreat Inc ($974k) and Soar Fox Cities Inc ($974k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $42k (5.0% of expenses). At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 1 employees.