Psychedelic Safety Institue
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Psychedelic Safety Institute is dedicated to helping the psychedelic field find common ground in service of public wellbeing. We achieve this by convening stakeholders, gathering critical intelligence, developing unified strategy, and building shared, free tools for coordination.
- Income
- $474,865
- Spending
- $487,774
- Spent on programs
- 82%
- Reserves
- 5.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 48% of charities in its peer group (health care, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 54 out of 100. Higher than 19% of charities in its peer group (health care, $250k to $1m).
Independent board
5 of 252 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $399,612 spent. In 2025 the Psychedelic Safety Institute completed the field research that its current work rests on, published the field's own diagnosis of its problems, and began building the tools to address them.In March, PSI convened the Psychedelic Safety Summit, bringing 140 people together over three days to identify the problems the psychedelic field most needs to solve. The Summit sat inside a wider listening effort of 160 hour-long stakeholder interviews, surveys of underground manufacturers and of psychedelic societies and campus leaders, and roughly 600 conversations with more than 100 organizations.A consistent diagnosis came out of that work. 95% of interviewees pointed to the need for better ongoing relationships with funders so that funding reaches the work, 94% pointed to fragmentation that blocks unified standards and knowledge sharing, and 96% pointed to a need for better data sharing between organizations.PSI published that diagnosis publicly rather than holding it internally. It was the first time the field's problems had been diagnosed at field level and matched against what needed to be built to address them, and it gave PSI and others an evidence base to design against.On that basis PSI began building a set of public tools with field organizations: an ecosystem map that lets organizations describe their own work rather than be described by an intermediary, an interactive theory of change linking the field's differing worldviews to the outcomes and obstacles each one holds, and a substance-by-substance safety resource drawing harm-reduction evidence into one reviewed place. All three were in development and field validation at year end, with public launch aimed for 2026.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.