3000 Miles to a Cure Co

Analysis

3000 Miles to a Cure Co is a registered charity in United States, based in Newbury, MA. It received its IRS tax-exemption ruling in March 2014, 12 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, 3000 Miles to a Cure Co reported income of $87k and spending of $89k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $87k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 3000 Miles to a Cure Co sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include The Shire Inc ($87k), Piedmont Athens Regional Auxiliary ($87k) and Cancare Foundation ($87k).

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 $12k against liabilities of $0, net assets of $12k.