Curanopy Inc

Analysis

Curanopy Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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, Curanopy Inc reported income of $347k and spending of $347k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $347k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Curanopy Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Bethany Housing Corp ($347k), Lees Pre-School Center ($347k) and Ogden Community Action Housing Corporation ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (52% of expenses). Other salaries and wages came to $11k. At year end it held assets of $268k against liabilities of $577, net assets of $268k. It reported 2 employees.