Patrick B Roche Memorial Fund Foundation

Analysis

Patrick B Roche Memorial Fund Foundation is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Patrick B Roche Memorial Fund Foundation reported income of $120k and spending of $144k, spending 120% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $223k to $120k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Patrick B Roche Memorial Fund Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Aeras Foundation Inc ($120k), Mommys Heart Inc ($120k) and Mission Viejo Community Foundation Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 71% of the total. At year end it held assets of $395k against liabilities of $12k, net assets of $383k.