Lost and Found Pharmacy Inc

Analysis

Lost and Found Pharmacy Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2009, 17 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, Lost and Found Pharmacy Inc reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $125k to $2.9m (+2201%), an average of +87% a year. The sharpest change came in the year to December 2020, when income rose by 652%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lost and Found Pharmacy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include McMahon-Ryan Child Advocacy Site Inc ($2.9m), Montana Public Health Institute ($2.9m) and Casa Treatment Center ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% of the total. Compensation of current officers, directors and key employees was $41k (1.4% of expenses). Other salaries and wages came to $111k. At year end it held assets of $127k against liabilities of $0, net assets of $127k. It reported 9 employees.