Patient Safety Movement Foundation
Analysis
Patient Safety Movement Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Patient Safety Movement Foundation reported income of $1.3m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $2.7m to $1.3m (-53%), an average of -17% a year. The sharpest change came in the year to March 2022, when income dropped by 44%. Over the whole period it spent 113% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Patient Safety Movement Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include A New Dimension Child Enrichment Center ($1.3m), Se Asia Foundation ($1.3m) and University School of Milwaukee Endowment Fund Inc ($1.3m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Other salaries and wages came to $452k. At year end it held assets of $972k against liabilities of $354k, net assets of $618k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A New Dimension Child Enrichment Center | Minneapolis | $1.3m |
| Se Asia Foundation | Edmonds | $1.3m |
| University School of Milwaukee Endowment Fund Inc | Milwaukee | $1.3m |
| Brookwood School | Cooperstown | $1.3m |