Patriot Catfishing Inc

Analysis

Patriot Catfishing Inc is a registered charity in United States, based in Pleasant View, TN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 December 2023, Patriot Catfishing Inc reported income of $82k and spending of $84k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $82k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patriot Catfishing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($82k), Celestial Church of Christ ($82k) and Passkeys Foundation ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $2,062 against liabilities of $0, net assets of $2,062.