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Patient Safety Movement Foundation

RegisteredEIN 46-2730379Irvine, CAEducation and training
Income$1.3m2023-03
Spending$1.2msame year
Spent / received113%5-year average
Size in its cause78th pctEducation and training
Exempt since2014Publicly supported organisat
Employees13latest return

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

$0$833k$1.7m$2.5m$3.3m2019 Income: $2,705,4922019 Spending: $3,333,08520192020 Income: $2,370,6162020 Spending: $2,844,48620202021 Income: $2,184,6562021 Spending: $2,023,19420212022 Income: $1,233,2072022 Spending: $1,564,07120222023 Income: $1,275,7902023 Spending: $1,249,3322023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 2.1%

Similar-sized charities, same cause

CharityLocationIncome
A New Dimension Child Enrichment CenterMinneapolis$1.3m
Se Asia FoundationEdmonds$1.3m
University School of Milwaukee Endowment Fund IncMilwaukee$1.3m
Brookwood SchoolCooperstown$1.3m