Cure Tay-Sachs Foundation

Analysis

Cure Tay-Sachs Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 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, Cure Tay-Sachs Foundation reported income of $108k and spending of $189k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $398k to $108k (-73%), an average of -28% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Tay-Sachs Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Dom Project ($108k), Holy Innocents Children S Malariahospital Uganda Inc ($108k) and Women and Teens Crisis Pregnancy Center Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. Compensation of current officers, directors and key employees was $48k (25% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.