Oliver Patch Project Inc

Analysis

Oliver Patch Project Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oliver Patch Project Inc reported income of $253k and spending of $260k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $253k (+1.4%), an average of +1.4% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oliver Patch Project Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Bmak Charity Thrifts ($253k), Foundation for Life Ministries Inc ($253k) and Panta Pride Foundation Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (34% of expenses). At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 2 employees.