Foundation for Physical Therapy Research Inc

Analysis

Foundation for Physical Therapy Research Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1960, 66 years ago. Its declared purposes cover health care, 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, Foundation for Physical Therapy Research Inc reported income of $2.4m and spending of $2.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.4m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Physical Therapy Research Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Americas Toothfairy National Childrens Oral Health Foundation ($2.4m), Roque Center Inc ($2.4m) and Fairfield Ambulance Service Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $252k (12% of expenses). Other salaries and wages came to $394k. At year end it held assets of $26.5m against liabilities of $1.4m, net assets of $25.1m.