Bluefield Project to Cure Frontotemporal Dementia

Analysis

Bluefield Project to Cure Frontotemporal Dementia is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Bluefield Project to Cure Frontotemporal Dementia reported income of $2.1m and spending of $9.1m, spending 435% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.1m (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 274%. Over the whole period it spent 222% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bluefield Project to Cure Frontotemporal Dementia sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Harmony Emergency Medical Service Inc ($2.1m), Monument Health Inc ($2.1m) and Kids for Kids Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $445k (4.9% of expenses). Other salaries and wages came to $277k. At year end it held assets of $25.7m against liabilities of $2.2m, net assets of $23.5m. It reported 3 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.