PHuman ServicesEIN: 930929618· Ruling Year: 1996

Project Patch

Vancouver, Washington

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$3.3M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$3.8M
Net Assets
📋
$586K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.8%
Year-over-year change (2022 → 2023)
Net Margin
-9.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.05
Net assets divided by total expenses
Liabilities-to-Assets
13.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,315,7202%$3,628,7475%$4,392,64217%
2022$3,258,31612%$3,449,77422%$5,310,5679%
2021$2,897,2478%$2,836,2518%$5,816,5192%
2020$2,687,75345%$3,067,51214%$5,711,297
2019$4,926,013150%$2,694,01521%$5,685,89336%
2018$1,970,391$2,225,9054%$4,182,9265%
2017$1,977,39710%$2,307,5625%$3,975,61417%
2016$2,188,3762%$2,424,8662%$4,762,2002%
2015$2,228,7702%$2,470,0984%$4,837,7096%
2014$2,267,37916%$2,564,6133%$5,161,9901%
2013$2,692,85013%$2,487,4554%$5,110,270
2012$2,388,9295%$2,603,1553%$5,102,0504%
2011$2,517,036$2,690,068$5,307,106

Frequently Asked Questions

What does Project Patch do?

Project Patch is a human services nonprofit organization based in Washington. It is classified under NTEE code P70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Patch financially healthy?

Based on our 9-metric Financial Health Score model, Project Patch has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Project Patch generate?

Project Patch reports $4.1M in annual revenue and holds $5.2M in total assets, based on IRS filings.

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