The Curetivity Foundation

Analysis

The Curetivity Foundation is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in October 2007, 19 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, The Curetivity Foundation reported income of $3.2m and spending of $3.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.2m (+111%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Curetivity Foundation 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 89th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Mosaic Georgia Inc ($3.2m), Lawrence County Drug and Alcohol Commission Inc ($3.2m) and Lancaster Cleft Palate Clinic ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $150k (4.6% of expenses). Other salaries and wages came to $35k. At year end it held assets of $334k against liabilities of $128k, net assets of $206k. It reported 2 employees.