NFP500

#408 of 500 · Foundation / Grantmaker / DAF

Patient Access Network Foundation

EIN 20-1184743 · DC · NTEE n/a · Form 990, fiscal 2023

A nonprofit that helps underinsured people with life-threatening, chronic and rare diseases afford out-of-pocket costs for prescribed medications and treatments. Founded in 2004, it provides disease-specific financial assistance funds, and also engages in healthcare-access advocacy and patient education to improve affordability and equity.

Open the interactive profile

Financials, fiscal 2023

Revenue
$374.4M
Expenses
$288.1M
Total assets
$468.6M
Net assets
$361.2M
Operating margin
23.1%
1-year growth
31.8%
5-year growth (CAGR)
-4.5%
Reserve (years of spending)
15.0
Contributions share
97.3%
Programme spending
0.0%
Fundraising cost
0.2%
Executive pay share
1.01%
Employees
199
Revenue per employee
$1.9M
Grants paid
n/a
Years filing
19

NFP Health Score: 71 / 100

Financial 46 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To accelerate access to affordable, equitable healthcare through financial assistance, advocacy, and education.

Revenue history

YearRevenue
2019$450.9M
2020$450.7M
2021$310.3M
2022$284.2M
2023$374.4M