Center for Practical Bioethics Inc

Analysis

Center for Practical Bioethics Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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, Center for Practical Bioethics Inc reported income of $1.2m and spending of $1.7m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Practical Bioethics Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Dyersburg State Community College Foundation ($1.2m), Boy Scouts of America ($1.2m) and Advancing American Freedom Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $209k (12% of expenses). Other salaries and wages came to $785k. At year end it held assets of $6.7m against liabilities of $328k, net assets of $6.3m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.