Morton Cure Paralysis Fund

Analysis

Morton Cure Paralysis Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover health care, 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, Morton Cure Paralysis Fund reported income of $353k and spending of $296k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $312k to $353k (+13%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morton Cure Paralysis Fund 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 63rd percentile within MN. Charities of a similar size with the same main cause include Boulder Cancer Fighters ($353k), Evidence Based Addiction Medicine ($354k) and Broward County Commission on Alcoholism Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $773k against liabilities of $0, net assets of $773k.