Stat Patients Family Services

Analysis

Stat Patients Family Services is a registered charity in United States, based in Newport, MI. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Stat Patients Family Services reported income of $223k and spending of $130k, leaving 42% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $162k to $223k (+38%), an average of +11% a year. The sharpest change came in the year to August 2022, when income dropped by 101%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stat Patients Family Services sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Little Five Points Community Center Incorporated ($223k), National Association of Tax Professionals Inc ($223k) and PTA California Congress of Parents Teachers and Students Inc ($223k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.