American Foundation for Pharmaceutical Education

Analysis

American Foundation for Pharmaceutical Education is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in January 1943, 83 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 December 2023, American Foundation for Pharmaceutical Education reported income of $580k and spending of $800k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $580k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Foundation for Pharmaceutical Education sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Project Bike Tech ($580k), Foundations Christian Academy ($580k) and Aha Kane-Foundation for the Advancement of Native Hawaiian Mal ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $289k (36% of expenses). Other salaries and wages came to $75k. At year end it held assets of $10.7m against liabilities of $114k, net assets of $10.6m. It reported 2 employees.