Psychedelic Research and Training Institute

Analysis

Psychedelic Research and Training Institute is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in January 2023, 3 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 December 2023, Psychedelic Research and Training Institute reported income of $519k and spending of $456k, spending 88% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $24k to $519k (+2083%), an average of +367% a year. The sharpest change came in the year to December 2022, when income rose by 1752%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Psychedelic Research and Training Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Bradford Area Public Library ($519k), Bali Childrens Project ($519k) and Victory Homes ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $5,570 (1.2% of expenses). At year end it held assets of $249k against liabilities of $0, net assets of $249k.