Patriot Healing Adventures Inc

Analysis

Patriot Healing Adventures Inc is a registered charity in United States, based in Allendale, NJ. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Patriot Healing Adventures Inc reported income of $261k and spending of $252k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $126k to $261k (+107%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Patriot Healing Adventures Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Msa of Jacksonville Inc ($261k), Hui Kanaka Powawae ($262k) and Winterhawks Amateur Hockey Association ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 131% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.