Curepsp Inc

Analysis

Curepsp Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1991, 35 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 June 2023, Curepsp Inc reported income of $3.3m and spending of $4.3m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.3m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Curepsp Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Childrens Radiology Associates of New Jersey PC ($3.3m), Islands Community Medical Services Inc ($3.3m) and Fairsky Foundation ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $235k (5.5% of expenses). Other salaries and wages came to $871k. At year end it held assets of $7.8m against liabilities of $1.4m, net assets of $6.4m. It reported 13 employees.