Craik-Patton House Foundation Inc

Analysis

Craik-Patton House Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in June 2000, 26 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Craik-Patton House Foundation Inc reported income of $134k and spending of $49k, leaving 63% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $145k to $134k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to March 2024, when income dropped by 26%. Over the whole period it spent 24% 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 House Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within WV. Charities of a similar size with the same main cause include Susans Danceworks Company Inc ($134k), Shawnee Little Theatre Inc ($134k) and Missouri Pacific Historical Society ($134k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.