Erase PTSD Now

Analysis

Erase PTSD Now is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Erase PTSD Now reported income of $244k and spending of $938k, spending 385% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.0m to $244k (-92%), an average of -72% a year. The sharpest change came in the year to December 2023, when income rose by 564%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Erase PTSD Now sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Crossroads Pregnancy Center ($244k), National Forum of Nursing Workforce Centers ($244k) and American Society of Addiction Medicine Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $95k (10% of expenses). At year end it held assets of $708k against liabilities of $0, net assets of $708k. It reported 1 employees.