Friends of Patan Hospital USA Inc

Analysis

Friends of Patan Hospital USA Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Friends of Patan Hospital USA Inc reported income of $98k and spending of $99k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $98k (+134%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 153% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Patan Hospital USA Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Charity League Inc 1921 Broadway ($98k), Afghans4tomorrow Inc ($98k) and Women Work Together ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $834k against liabilities of $85, net assets of $834k.