Patients Rising Inc

Analysis

Patients Rising Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2016, 10 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, Patients Rising Inc reported income of $934k and spending of $1.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $664k to $934k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Patients Rising Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 53rd percentile within DC. Charities of a similar size with the same main cause include Candor Emergency Squad Inc ($934k), Muskogee County Council of Youth Services ($934k) and Ka Hale Pomaikai ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (11% of expenses). Other salaries and wages came to $312k. At year end it held assets of $35k against liabilities of $898k, net assets of -$863k. It reported 9 employees.