Patrick Henry School of Science and Arts

Analysis

Patrick Henry School of Science and Arts is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Patrick Henry School of Science and Arts reported income of $129k and spending of $52k, leaving 60% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $324k to $129k (-60%), an average of -17% a year. The sharpest change came in the year to June 2024, when income rose by 3583%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patrick Henry School of Science and Arts sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Operation Rock the Troops Inc ($129k), South Jersey Scholarship Fund Inc ($129k) and Paul Laurence Dunbar High School Convocation & Alumni Federation ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. It paid $5,000 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.