Cure Spg47 Inc

Analysis

Cure Spg47 Inc is a registered charity in United States, based in Salisbury, MA. It received its IRS tax-exemption ruling in April 2017, 9 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 (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, Cure Spg47 Inc reported income of $221k and spending of $304k, spending 137% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $294k to $221k (-25%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Spg47 Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Vital Voices for Mental Health Inc ($221k), Love Hope Strength Inc ($221k) and Healing Heart Project ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $523k against liabilities of $14k, net assets of $509k.