Pat Foundation Inc

Analysis

Pat Foundation Inc is a registered charity in United States, based in Pattonville, TX. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Pat Foundation Inc reported income of $82k and spending of $38k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $82k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pat Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Beyond Trafficking ($82k), Bee Cave Police Benevolent Foundation ($82k) and 180 Your Grief Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $998k against liabilities of $0, net assets of $998k.