Friends of Patterson Park Inc

Analysis

Friends of Patterson Park Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of Patterson Park Inc reported income of $652k and spending of $541k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $650k to $652k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Patterson Park 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 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Gila Watershed Partnership of Arizona ($650k), Friends of the Flint River Watershed Inc ($652k) and Indiana Forest Alliance Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $71k (13% of expenses). Other salaries and wages came to $167k. At year end it held assets of $1.8m against liabilities of $356k, net assets of $1.5m. It reported 6 employees.