National Psoriasis Foundation

Analysis

National Psoriasis Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 1968, 58 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 June 2023, National Psoriasis Foundation reported income of $11.6m and spending of $13.8m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.2m to $11.6m (-18%), an average of -5.0% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Psoriasis Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Rockbridge Area Free Clinic ($11.6m), North Texas Healthy Communities ($11.6m) and Community Health Systems Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $845k (6.1% of expenses). Other salaries and wages came to $4.5m. It paid $66k in professional fundraising fees. At year end it held assets of $13.8m against liabilities of $4.8m, net assets of $9.0m. It reported 74 employees.