Pattys Place Inc

Analysis

Pattys Place Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pattys Place Inc reported income of $142k and spending of $97k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $222k to $142k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pattys Place Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Heart 2 Hart Detroit Inc ($142k), Feed Buffalo ($142k) and Deaf and Hard of Hearing Services ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 50% of the total. At year end it held assets of $141k against liabilities of $47k, net assets of $94k.