Patient Assistance Foundation

Analysis

Patient Assistance Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1984, 42 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, Patient Assistance Foundation reported income of $962k and spending of $1.4m, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $796k to $962k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Patient Assistance Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Vermont Association for Mental Health and Addiction Recovery Inc ($962k), Princeton Community Hospital Foundation Inc ($962k) and Transcendence Children and Family Services ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $198k (14% of expenses). Other salaries and wages came to $786k. At year end it held assets of $1.3m against liabilities of $115k, net assets of $1.2m. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.