Patrick Henry Foundation Incorporated

Analysis

Patrick Henry Foundation Incorporated is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Patrick Henry Foundation Incorporated reported income of $63k and spending of $57k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $42k to $63k (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patrick Henry Foundation Incorporated sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Lavender Library Archives Cultural Exchange of Sacramento Inc ($63k), Reach Beyond the Basics ($63k) and Plymouth North Athletic Boosters Club Inc ($63k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.