Personalized Medicine Coalition

Analysis

Personalized Medicine Coalition is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Personalized Medicine Coalition reported income of $2.9m and spending of $3.4m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.9m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Personalized Medicine Coalition sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include Levy County Prevention Coalition Inc ($2.9m), Waukesha County Community Dental Clinic Inc ($2.9m) and Crisis Pregnancy Services Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $669k (20% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.8m against liabilities of $1.6m, net assets of $1.3m. It reported 8 employees.