Patrons of the Centre Inc

Analysis

Patrons of the Centre Inc is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2024, Patrons of the Centre Inc reported income of $191k and spending of $177k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $142k to $191k (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Patrons of the Centre Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Musical Empowerment Inc ($191k), Aspire Community Theatre Inc ($191k) and International Society of Protistologists Inc ($191k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 21% of the total. At year end it held assets of $826k against liabilities of $11k, net assets of $815k.