William H Patt Memorial

Analysis

William H Patt Memorial is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, William H Patt Memorial reported income of $54k and spending of $33k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $54k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, William H Patt Memorial sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Chugach Educational Corporation ($54k), Fair Oaks Rotary Foundation Inc ($54k) and Columbia United Methodist Preschool Cooperative Nursery School ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.