A Cure in Our Lifetime Inc

Analysis

A Cure in Our Lifetime Inc is a registered charity in United States, based in Chappaqua, NY. It received its IRS tax-exemption ruling in April 2011, 15 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, A Cure in Our Lifetime Inc reported income of $353k and spending of $511k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $353k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Cure in Our Lifetime Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Parkinsons Body and Mind Inc ($353k), Future Colours Corp ($353k) and Chestnut Health Qalicb Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $93k against liabilities of $19k, net assets of $73k.