Prescription Drug Assistance Foundation

Analysis

Prescription Drug Assistance Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2006, 20 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 (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, Prescription Drug Assistance Foundation reported income of $169k and spending of $184k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $169k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prescription Drug Assistance Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Moneta Rescue Squad Inc ($169k), An Angels Wing Inc ($169k) and Chestor House Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $1,844, net assets of $126k.