Patsy Reeve Foundation Inc

Analysis

Patsy Reeve Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Patsy Reeve Foundation Inc reported income of $224k and spending of $228k, spending 102% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $287k to $224k (-22%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patsy Reeve Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Northern California Peoples Advocate ($224k), Hope Gala Incorporated ($224k) and Lost Boys Center for Leadership Development ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.