Center for Urban Rehabilitation and Empowerment C U R E Inc

Analysis

Center for Urban Rehabilitation and Empowerment C U R E Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Center for Urban Rehabilitation and Empowerment C U R E Inc reported income of $631k and spending of $614k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $631k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Center for Urban Rehabilitation and Empowerment C U R E Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Project C a R E of Texas Inc ($629k), Eastmont Foundation ($631k) and Boys & Girls Clubs of Central Carolina Foundation Inc ($629k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $711k against liabilities of $597k, net assets of $114k.