Cure on Wheels Inc

Analysis

Cure on Wheels Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 2007, 19 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, Cure on Wheels Inc reported income of $112k and spending of $74k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $112k (-9.3%), an average of -9.3% a year. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure on Wheels Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Cla Homes I Corp ($112k), Joliet Community Center Inc ($112k) and Renewing Hope Ministries ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 131% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.