Cure CMD Inc

Analysis

Cure CMD Inc is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in August 2008, 18 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 CMD Inc reported income of $579k and spending of $611k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $748k to $579k (-23%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 81%. 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, Cure CMD Inc 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 Louisa County Resource Council of Louisa Virginia ($579k), Heroes in Transition Inc ($579k) and Northern Hope Center ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $101k (16% of expenses). Other salaries and wages came to $307k. At year end it held assets of $546k against liabilities of $306k, net assets of $240k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.