Personalized Medicine Foundation Inc

Analysis

Personalized Medicine Foundation Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in August 2019, 7 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 (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, Personalized Medicine Foundation Inc reported income of $97k and spending of $76k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $362k to $97k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 71%. Over the whole period it spent 80% 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 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 40th percentile within FL. Charities of a similar size with the same main cause include Akron Health Care ($97k), Spina Bifida Resource Network ($97k) and Wahiawa Hospital Assn Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.