Patriot Services Group Louisiana Inc

Analysis

Patriot Services Group Louisiana Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Patriot Services Group Louisiana Inc reported income of $6.1m and spending of $10.0m, spending 164% of what it took in. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Patriot Services Group Louisiana Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Village of St Edward at Wadsworth ($6.1m), Eskaton Village-Placerville ($6.1m) and Mount St Mary Inc ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $998k. At year end it held assets of $55.7m against liabilities of $65.5m, net assets of -$9.8m.