Patellofemoral Foundation Inc

Analysis

Patellofemoral Foundation Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in September 2002, 24 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, Patellofemoral Foundation Inc reported income of $98k and spending of $77k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $98k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Patellofemoral Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Hive of Hope Inc ($98k), Appalachian Area Crisis Pregnancy Center Inc ($99k) and Mattie J T Stepanek Foundation Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $14k (19% of expenses). At year end it held assets of $690k against liabilities of $0, net assets of $690k.