Americans for Cures Foundation

Analysis

Americans for Cures Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover health care, 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, Americans for Cures Foundation reported income of $580k and spending of $400k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $918k to $580k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 469%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Americans for Cures Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Active Southern West Virginia Inc ($580k), Hunter Seven Foundation ($580k) and Outlook Enrichment ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $43k (11% of expenses). Other salaries and wages came to $3,964. At year end it held assets of $224k against liabilities of $3,869, net assets of $221k. It reported 2 employees.