Patriot Community Development Inc

Analysis

Patriot Community Development Inc is a registered charity in United States, based in Canyon Lake, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Patriot Community Development Inc reported income of $85k and spending of $187k, spending 221% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $272k to $85k (-69%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Patriot Community Development Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Ola II Inc ($85k), Transformational Housing ($85k) and Sky View Villa ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 142% of the total. Other salaries and wages came to $165k. At year end it held assets of $11k against liabilities of $200, net assets of $10k. It reported 1 employees.