Patrick Henry Family Services Operations Inc

Analysis

Patrick Henry Family Services Operations Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Patrick Henry Family Services Operations Inc reported income of $5.6m and spending of $5.3m, spending 95% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.9m to $5.6m (+199%), an average of +44% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Patrick Henry Family Services Operations Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Latin Women in Action ($5.6m), Independence Inc ($5.6m) and Trellis Foundation ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $968k against liabilities of $403k, net assets of $565k. It reported 96 employees.