A Key for a Cure Foundation

Analysis

A Key for a Cure Foundation is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Key for a Cure Foundation reported income of $164k and spending of $90k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $295k to $164k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Key for a Cure Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Bayville First Aid Squad Inc ($164k), International Thymic Malignancy Interest Group ($164k) and Endovision Foundation ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 130% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.