American Pharmacists Association Foundation

Analysis

American Pharmacists Association Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1961, 65 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, American Pharmacists Association Foundation reported income of $7.6m and spending of $6.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $7.6m (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Pharmacists Association Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 84th percentile within DC. Charities of a similar size with the same main cause include American Society for Dermatologic Surgery ($7.6m), Kettering Affiliated Health Services Inc ($7.6m) and Little Sisters of the Poor Home for the Aged ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $335k (5.3% of expenses). Other salaries and wages came to $749k. At year end it held assets of $11.5m against liabilities of $3.6m, net assets of $7.9m.