Inadcure Foundation Inc

Analysis

Inadcure Foundation Inc is a registered charity in United States, based in Fairfield, NJ. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover health care, 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, Inadcure Foundation Inc reported income of $553k and spending of $919k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $553k (+208%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 329%. 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, Inadcure Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Resilient Sisterhood Project Inc ($553k), New Hope Pregnancy Care Center ($553k) and Salisbury Foundation for Research & Education ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. It paid $3,100 in professional fundraising fees. At year end it held assets of $728k against liabilities of $0, net assets of $728k.