Joseph B Patterson Foundation is a 501(c)(3) organization based in La Jolla, California, registered in 1995, with $4,754 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$4,754
▲ 56.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$7,127
Net assets
$171K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Joseph B Patterson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Joseph B Patterson Foundation: 288 mo reserves · -50% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Joseph B Patterson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Joseph B Patterson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $29 (FY2013) to $4,754 (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-49.9%
Spent more than it raised in the latest fiscal year.
Total assets
$176K
Total liabilities
$5,066
Net assets
$171K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,754▲56.6% | $7,127▼49.6% | $171,337▼1.4% | $176,403▼1.4% | 990PF |
| 2022 | $3,036▲19.0% | $14,152▲2.1% | $173,710▼6.0% | $178,976▼5.8% | 990PF |
| 2021 | $2,552▲50.2% | $13,863▼3.5% | $184,826▼5.8% | $190,092▼5.6% | 990PF |
| 2020 | $1,699▼52.4% | $14,366▼19.0% | $196,137▼6.1% | $201,403▼7.7% | 990PF |
| 2019 | $3,573▲475% | $17,726▲62.0% | $208,804▼6.3% | $218,287▼4.4% | 990PF |
| 2018 | $621▼59.2% | $10,940▼29.7% | $222,957▼4.4% | $228,223▼4.3% | 990PF |
| 2017 | $1,521▲30.2% | $15,563▲80.4% | $233,276▼5.7% | $238,542▼4.4% | 990PF |
| 2016 | $1,168▲1784% | $8,628▼5.4% | $247,318▼2.9% | $249,554▼2.5% | 990PF |
| 2015 | $62▲130% | $9,125▼49.3% | $254,778▼3.4% | $255,868▼3.9% | 990PF |
| 2014 | $27▼6.9% | $17,992▼10.0% | $263,841▼6.4% | $266,346▼6.5% | 990PF |
| 2013 | $29 | $19,984 | $281,806 | $284,712 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Joseph B Patterson Foundation (EIN 95-6982416) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.