The PCRM Foundation

EIN: 731669893 501(c)(3) Health Care

Washington, DC

Total Revenue
$766,039
Total Expenses
$1,438,686
Total Assets
$17,530,587
Net Assets
$17,524,327
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
Neal Barnard MD
Phone
2026862210
Tax Period
2024-08-01 to 2025-07-31

The PCRM Foundation, founded in 2003, is a small nonprofit in the Health Care sector that reported $766K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 88% operating deficit.

Mission

The PCRM Foundation is a supporting organization for the charitable purposes of the Physicians Committee for Responsible Medicine, Inc. (Pcians Committee).

Program Service Accomplishments

Program 1
Expenses: $900,000

PCRM Clinic, a fully controlled subsidiary of the Physicians Committee, opened in January of 2016. PCRM Clinic provides primary care, as well as specialized care for diabetes, obesity, hypertension...

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PCRM Clinic, a fully controlled subsidiary of the Physicians Committee, opened in January of 2016. PCRM Clinic provides primary care, as well as specialized care for diabetes, obesity, hypertension, lipid disorders, heart disease, arthritis, migraines, and other conditions for which nutrition plans an important role. PCRM Clinic is exempt from income taxes under section 501(c)(3) of the internal revenue code.

Program 2
Expenses: $538,686

The PCRM Foundation (a Corporation), a non-profit organization, was incorporated under the laws of the District of Columbia on May 13, 2003. The organization was established as a supporting...

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The PCRM Foundation (a Corporation), a non-profit organization, was incorporated under the laws of the District of Columbia on May 13, 2003. The organization was established as a supporting organization as described in Section 509(a)(3) of the Internal Revenue Code for the charitable purposes of Physicians Committee for Responsible Medicine, Inc., an organization described in section 501(c)(3) of the Internal Revenue Code. The PCRM Foundation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and is classified as a Type I supporting organization.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,764
Program Service Revenue $0
Investment Income $732,328
Other Revenue $26,947
TOTAL REVENUE $766,039

Expense Breakdown

Grants Paid $1,217,489
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,438,686
Other Expenses $221,197
TOTAL EXPENSES $1,438,686

Year-over-Year Comparison

2024 2023 Change
Revenue $766,039 $684,476 +0.1%
Expenses $1,438,686 $1,571,276 -0.1%
Net Income $-672,647 $-886,800 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$158,700
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Betsy Wason SR VP Dev/Sec 1.00
Officer
$0 $4,232 $158,700
Neal Barnard MD President 1.00
Officer Director
$0 $0 $0
Mindy Kursban Esq Chair 0.00
Officer Director
$0 $0 $0
Mark Sklar MD Director 0.00
Director
$0 $0 $0
Barbara Wasserman MD Treasurer 0.00
Officer Director
$0 $0 $0
Ruby Lathon Phd Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $766,039 $1,438,686 $17,530,587 $-672,647
2024 $684,476 $1,571,276 $17,782,957 $-886,800
2023 $964,871 $1,124,133 $18,001,676 $-159,262
2022 $1,463,797 $1,158,050 $17,980,928 $305,747
2021 $3,165,984 $1,491,349 $19,022,312 $1,674,635
2020 $770,951 $1,332,335 $15,562,154 $-561,384
2019 $2,064,820 $1,364,900 $15,750,857 $699,920
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