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Foundation to Cure Paralysis Inc

RegisteredEIN 14-1818790Ghent, NYHealth and saving lives
Income$50k2023-12
Spending$101ksame year
Spent / received104%2-year average
Size in its cause16th pctHealth and saving lives
Exempt since2001Publicly supported organisat
Employees–latest return

Analysis

Foundation to Cure Paralysis Inc is a registered charity in United States, based in Ghent, NY. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Foundation to Cure Paralysis Inc reported income of $50k and spending of $101k, spending 201% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $50k (+7.7%), an average of +7.7% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation to Cure Paralysis Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Global Vaccines Inc ($50k), ALS Neversurrender Foundation ($50k) and Psychoanalytic Quarterly Inc ($50k).

At year end it held assets of $138k against liabilities of $0, net assets of $138k.

Income and spending

$0$25k$50k$76k$101k2022 Income: $46,4992022 Spending: $7520222023 Income: $50,0792023 Spending: $100,8012023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Global Vaccines IncChapel Hill$50k
ALS Neversurrender FoundationBreckenridge$50k
Psychoanalytic Quarterly IncNew York$50k
Sigma Alpha Foundation IncBakersfield$50k