Cure Gm1 Incorporated

Analysis

Cure Gm1 Incorporated is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Cure Gm1 Incorporated reported income of $534k and spending of $689k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $534k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Gm1 Incorporated 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 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Helping Hands Hospice ($534k), Hi How Are You Foundation Inc ($534k) and Jennifer Claire Moore Foundation Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $44k. At year end it held assets of $3.2m against liabilities of $4,665, net assets of $3.2m. It reported 1 employees.