Single Cause Single Cure

Analysis

Single Cause Single Cure is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Single Cause Single Cure reported income of $554k and spending of $479k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $315k to $554k (+76%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Single Cause Single Cure sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within SD. Charities of a similar size with the same main cause include Chase Richards Foundation ($554k), Angel Ridge Inc ($554k) and Project Rescue Inc ($554k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $867k against liabilities of $0, net assets of $867k.