Patricks Purpose Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 82,457 | 23,248 | 59,209 | 85.4 | — |
| 2021 | 177,422 | 41,271 | 136,151 | 87.7 | — |
| 2022 | 186,822 | 167,664 | 19,158 | 23.0 | 0% |
| 2023 | 256,025 | 150,048 | 105,977 | 34.1 | 0% |
In its most recent public year (2023), this organization brought in $105,977 more than it spent. Its reserves stood at about 34.1 months of spending, down from 85.4 in 2020. Staff pay was 0% of spending.
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 2023. 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
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