Anesthesia Patient Safety Foundation

Analysis

Anesthesia Patient Safety Foundation is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in December 1986, 40 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, Anesthesia Patient Safety Foundation reported income of $3.3m and spending of $2.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.3m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anesthesia Patient Safety Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Mizell Center ($3.3m), New Jersey Vietnam Veterans Memorial Foundation Inc ($3.3m) and CCD Business Development Corporation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $203k (8.7% of expenses). Other salaries and wages came to $52k. It paid $120k in professional fundraising fees. At year end it held assets of $14.9m against liabilities of $327k, net assets of $14.5m.