Patton Ministries

Analysis

Patton Ministries is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Patton Ministries reported income of $240k and spending of $236k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $240k (+132%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Patton Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within SD. Charities of a similar size with the same main cause include Knights of the Holy Eucharist Inc ($240k), Dental Community Fellowship ($240k) and Online Smicha ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $47k against liabilities of $31k, net assets of $17k. It reported 1 employees.