Patrick Henry Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 387,214 | 403,957 | −16,743 | 237.0 | 40% |
| 2012 | 420,681 | 499,659 | −78,978 | 190.4 | 35% |
| 2013 | 2,113,555 | 500,116 | 1,613,439 | 224.9 | 35% |
| 2014 | 829,182 | 557,193 | 271,989 | 225.7 | 28% |
| 2015 | 1,476,739 | 540,089 | 936,650 | 256.0 | 31% |
| 2016 | 742,450 | 729,702 | 12,748 | 185.5 | 38% |
| 2017 | 939,337 | 879,645 | 59,692 | 157.7 | 36% |
| 2018 | 1,356,197 | 818,555 | 537,642 | 185.0 | 30% |
| 2019 | 993,263 | 847,241 | 146,022 | 183.7 | 31% |
| 2020 | 2,508,785 | 1,031,374 | 1,477,411 | 170.3 | 32% |
| 2021 | 1,124,854 | 1,100,739 | 24,115 | 184.2 | 30% |
| 2022 | 1,385,392 | 1,269,997 | 115,395 | 144.6 | 28% |
| 2023 | 1,009,175 | 1,352,794 | −343,619 | 140.2 | 29% |
| 2024 | 2,907,927 | 3,303,541 | −395,614 | 63.0 | 16% |
In its most recent public year (2024), this organization spent $395,614 more than it brought in. Its reserves stood at about 63 months of spending, down from 237 in 2011. Staff pay was 16% of spending. $11,139,663 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Patrick Henry Memorial Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works