Lydia Patterson Institute of the Methodist Church

Analysis

Lydia Patterson Institute of the Methodist Church is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in January 1962, 64 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Lydia Patterson Institute of the Methodist Church reported income of $3.3m and spending of $2.9m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.2m to $3.3m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to August 2022, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lydia Patterson Institute of the Methodist Church sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Pathways for the Future Inc ($3.3m), Learning Your Function Inc ($3.3m) and M2 the Institute for Experiential Jewish Education ($3.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $127k (4.3% of expenses). Other salaries and wages came to $1.2m. It paid $60k in professional fundraising fees. At year end it held assets of $11.9m against liabilities of $1.7m, net assets of $10.2m. It reported 59 employees.