Cure Ahc Foundation

Analysis

Cure Ahc Foundation is a registered charity in United States, based in Rolesville, NC. It received its IRS tax-exemption ruling in September 2013, 13 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, Cure Ahc Foundation reported income of $164k and spending of $90k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $330k to $164k (-50%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Ahc Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Swing Strong Inc ($164k), Gold Ribbon Riders Inc ($164k) and Romans 8 28 Ministry Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $516k against liabilities of $0, net assets of $516k.