Jr Memorial Cruise for a Cure

Analysis

Jr Memorial Cruise for a Cure is a registered charity in United States, based in Lakeview, OH. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jr Memorial Cruise for a Cure reported income of $83k and spending of $250k, spending 302% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $83k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jr Memorial Cruise for a Cure sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Relief for Kids in Haiti ($83k), Maria Hill Foundation Inc ($83k) and Robert and Louise Bossardt Trust ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $12k against liabilities of $2,824, net assets of $9,514.