Patriots Inc

Analysis

Patriots Inc is a registered charity in United States, based in Capitol Heights, MD. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Patriots Inc reported income of $203k and spending of $231k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $203k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patriots Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Rochester Education Foundation Inc ($203k), Hampton Lifeguard Association Inc ($203k) and Leadership Southeast Georgia Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $23k against liabilities of $1,150, net assets of $22k.