Positudes Inc

Analysis

Positudes Inc is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Positudes Inc reported income of $6.7m and spending of $3.5m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $6.7m (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Positudes Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include National Latina Institute for Reproductive Justice ($6.7m), Reliant Living Centers of Oklahoma Inc ($6.7m) and Boys and Girls Home Residential Treatment Centers Inc ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 63% of the total. Compensation of current officers, directors and key employees was $451k (13% of expenses). Other salaries and wages came to $515k. At year end it held assets of $43.9m against liabilities of $30.6m, net assets of $13.3m. It reported 8 employees.