Patient Advocate Foundation Inc

Analysis

Patient Advocate Foundation Inc is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in October 1996, 30 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 June 2024, Patient Advocate Foundation Inc reported income of $243.5m and spending of $274.2m, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $301.1m to $243.5m (-19%), an average of -5.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patient Advocate Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include University of Oklahoma Foundation Inc ($243.4m), Widener University ($243.6m) and Bryn Mawr College ($241.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $961k (0.4% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $313.2m against liabilities of $32.0m, net assets of $281.2m. It reported 280 employees.