Pharmacists United for Truth and Transparency

Analysis

Pharmacists United for Truth and Transparency is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2015, 11 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, Pharmacists United for Truth and Transparency reported income of $232k and spending of $248k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $232k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pharmacists United for Truth and Transparency sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Spotsyvania Volunteer Resue Squad Inc ($232k), New Holland Volunteer Fire Department Inc ($232k) and Teresa House Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $149k, net assets of -$136k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.