Operation Patriots Fob Inc

Analysis

Operation Patriots Fob Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Operation Patriots Fob Inc reported income of $680k and spending of $626k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $530k to $680k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Operation Patriots Fob Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Nikolas Ritschel Foundation ($680k), Norfolk Family Coalition Inc ($680k) and Faegre Baker Daniels Foundation ($680k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $286k against liabilities of $37k, net assets of $249k.