PSFC

Analysis

PSFC is a registered charity in United States, based in Fairfax, CA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover medical research, 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, PSFC reported income of $3.2m and spending of $3.5m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $3.2m (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, PSFC sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Baker Community Health Center Inc ($3.2m), Memorycare ($3.2m) and Chavrusa Care US Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $400k (11% of expenses). Other salaries and wages came to $211k. At year end it held assets of $7.4m against liabilities of $85k, net assets of $7.3m. It reported 5 employees.