Patriot Military Family Foundation

Analysis

Patriot Military Family Foundation is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Patriot Military Family Foundation reported income of $251k and spending of $249k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $323k to $251k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patriot Military Family Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Lillian Smith Senior Center ($251k), Elmhurst Baseball Leagues Inc ($251k) and Poe Elementary School Parent Teacher Organization Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 124% of the total. Compensation of current officers, directors and key employees was $20k (7.8% of expenses). At year end it held assets of $639k against liabilities of $0, net assets of $639k.