Craik Patton Inc

Analysis

Craik Patton Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Craik Patton Inc reported income of $120k and spending of $89k, leaving 26% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $86k to $120k (+40%), an average of +8.8% a year. The sharpest change came in the year to March 2023, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Craik Patton Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within WV. Charities of a similar size with the same main cause include Fresno Ideaworks ($120k), Niosha International Conservatory of Arts ($120k) and Joyas Mestizas ($120k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (40% of expenses). At year end it held assets of $559k against liabilities of -$1,487, net assets of $561k. It reported 1 employees.