Patronus Inc

Analysis

Patronus Inc is a registered charity in United States, based in Corydon, IA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Patronus Inc reported income of $1.9m and spending of $330k, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.9m (-12%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Patronus Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include Fundacion Cap Inc ($1.9m), Cottage Ambulance Foundation ($1.9m) and Tsa-B Regional Advisory Council Brac ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $80k. At year end it held assets of $8.4m against liabilities of $600k, net assets of $7.8m. It reported 1 employees.