Pharmacy for the Public Good Inc

Analysis

Pharmacy for the Public Good Inc is a registered charity in United States, based in Tannersville, NY. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover health care, 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, Pharmacy for the Public Good Inc reported income of $175k and spending of $282k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $175k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pharmacy for the Public Good Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Healthlink Dental Clinic Inc ($175k), National Carbon Monoxide Awareness Associationn ($175k) and Crisis Pregnancy Center of Tracy ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). Other salaries and wages came to $95k. At year end it held assets of $158k against liabilities of $205k, net assets of -$48k. It reported 2 employees.