BBB Wise Giving Report for
Physicians for Social Responsibility

BBB Wise Giving Report issued January 2011
BBB Wise Giving Report expires January 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Physicians for Social Responsibility
Address: 1875 Connecticut Avenue NW,
Suite 1012
  Washington, DC 20009
Phone: 202-667-4260
Web Address: www.psr.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1961, Massachusetts
Affiliates: 30 chapters
Stated Purpose: "to eliminate nuclear and other weapons of mass destruction, achieve a sustainable environment, and reduce violence and its causes."

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Evaluation Conclusions

               

Physicians for Social Responsibility (PSR) does not meet the following Standard for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

PSR does not meet this Standard because:

  • The board of directors held two meeting during the past year.
Physicians for Social Responsibility (PSR) meets the remaining 19 Standards for Charity Accountability.
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Programs

               

PSR educates the public on the potentially irreversible health effects of global environmental pollution, including threats posed by toxic exposures, drinking water quality, air quality, and global climate change. PSR mobilizes physicians and other health care providers to educate their patients, peers, and decision makers about the need for national, state, and local policies that protect public health. Some ($122,770 or 5%) of PSR's program services are carried out in conjunction with fund raising appeals.

For the year ended December 31, 2009, PSR's program expenses were:

  
Joint program services 859,271
Environment and health 624,525
Safe energy 458,196
Security 393,140
Total Program Expenses: $2,335,132
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Governance

               

Chief Executive : Peter Wilk, M.D., Executive Director
Compensation*:
 $129,900

Chair of the Board: Jeff Patterson, D.O.
Chair's Profession / Business Affiliation: Physician

Board Size: 24

Paid Staff Size: 15

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, telephone, special events, grant proposals, Internet appeals, planned giving, membership appeals
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $2,965,181, are donations received as a result of fund raising activities.)
PSR incurred joint costs of $275,712 for informational materials and activities that included fund raising materials. Of those costs $122,770 was allocated to program expenses, $95,438 was allocated to fund raising expenses, and $57,504 was allocated to administrative expenses.
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on PSR's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Grants 1,578,800
Member dues 850,369
Contributions 536,012
Gain (loss) investment 110,458
List rental 50,168
Interest and dividend 11,866
Affinity card income 7,645
Miscellaneous 2,568
Total Income $3,147,886


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Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 10%  Administrative: 9% 

Total income   $3,147,886
  Program expenses $2,335,132
  Fund raising expenses 295,514
  Administrative expenses 262,007
 
Total expenses   $2,892,653
Income in Excess of Expenses   255,233
Beginning net assets   713,484
Ending net assets   968,717
Total liabilities   333,468
Total assets   $1,302,185


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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