Cure LBSL

Analysis

Cure LBSL is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 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 LBSL reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $1.9m (+501%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure LBSL sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Urban Minority Alcoholism Outreach Program of Lucas County Inc ($1.9m), Hands of Hope Tucson ($1.9m) and Cherokee County Ambulance Association Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $61k. At year end it held assets of $739k against liabilities of $0, net assets of $739k. It reported 1 employees.