Save the Cord Foundation

Analysis

Save the Cord Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Save the Cord Foundation reported income of $71k and spending of $62k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $86k to $71k (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Save the Cord Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within AZ. Charities of a similar size with the same main cause include Niagara Area Emergency Unit Inc ($71k), Rockhill Vol Rescue Squad Inc ($71k) and Barrett Strong Foundation ($71k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $14k against liabilities of $2,741, net assets of $11k.