Pitt Hopkins Research Foundation

Analysis

Pitt Hopkins Research Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in May 2013, 13 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, Pitt Hopkins Research Foundation reported income of $398k and spending of $600k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $494k to $398k (-19%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pitt Hopkins Research Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Birth Control Advocates of New York ($398k), Iopo Foundation Inc ($398k) and Victory Gallop Inc ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $50k (8.3% of expenses). At year end it held assets of $1.1m against liabilities of $156k, net assets of $980k. It reported 1 employees.