Karen Collins Un-Teal There Is a Cure

Analysis

Karen Collins Un-Teal There Is a Cure is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 2013, 13 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Karen Collins Un-Teal There Is a Cure reported income of $236k and spending of $217k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $175k to $236k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Karen Collins Un-Teal There Is a Cure sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Reed Gastrointestional Oncology Research Foundation ($236k), Navigate Group Inc ($236k) and Friends with Diabetes Internationalinc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.