Histio Cure Foundation Inc

Analysis

Histio Cure Foundation Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover medical research, 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, Histio Cure Foundation Inc reported income of $54k and spending of $72k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $240k to $54k (-78%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Histio Cure Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Joey Bella Fund Inc ($54k), Lenn Foundation ($54k) and Faith & Gratitude ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.

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.