Patchwork Faith Ministries
- Assets
- $79.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oronoco, MN
- Founding
- 01/2013
- Data as of
- 12/2023
- EIN
- 35-2451781
Organization Overview
Patchwork Faith Ministries is located in Oronoco, MN. The organization was established in 2013. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patchwork Faith Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Patchwork Faith Ministries generated $66.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $58.9k during the year ending 12/2023. While expenses have increased by 12.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,946 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,979 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,879 |
| Professional fees and other payments to independent contractors | $2,928 |
| Occupancy, rent, utilities, and maintenance | $8,910 |
| Printing, publications, postage, and shipping | $1,550 |
| Other expenses | $11,679 |
| Total expenses | $58,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,021 |
| Other assets | $0 |
| Total assets | $79,588 |
| Total liabilities | $1,914 |
| Net assets or fund balances | $77,674 |