Patches Place

Analysis

Patches Place is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in April 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 June 2024, Patches Place reported income of $645k and spending of $594k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $350k to $645k (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patches Place sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Linking Families and Communities ($645k), New Legacy Home for Women ($645k) and California Police Youth Charities Inc ($645k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $339k. At year end it held assets of $466k against liabilities of $38k, net assets of $428k. It reported 16 employees.