PSC Partners Seeking a Cure

Analysis

PSC Partners Seeking a Cure is a registered charity in United States, based in Greenwood Village, CO. It received its IRS tax-exemption ruling in March 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, PSC Partners Seeking a Cure reported income of $2.3m and spending of $2.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PSC Partners Seeking a Cure sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Wilson Sonsini Goodrich & Rosati Foundation ($2.3m), Strawberry Point Lutheran Home for the Aged ($2.3m) and Childrens Learning Center Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $132k (5.4% of expenses). Other salaries and wages came to $596k. At year end it held assets of $4.4m against liabilities of $117k, net assets of $4.3m. It reported 10 employees.