Curative Care Network Inc

Analysis

Curative Care Network Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1942, 84 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Curative Care Network Inc reported income of $12.4m and spending of $13.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.7m to $12.4m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Curative Care Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Livengrin Foundation Inc ($12.4m), THS Physician Partners Inc ($12.4m) and Harborpath Inc ($12.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $453k (3.3% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $43.7m against liabilities of $19.3m, net assets of $24.3m. It reported 244 employees.