Party for a Cure Corporation

Analysis

Party for a Cure Corporation is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Party for a Cure Corporation reported income of $50k and spending of $38k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $50k (-12%), an average of -12% a year. Over the whole period it spent 145% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Party for a Cure Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Louie R Merlo Foundation ($50k), History Heritage and Hope Foundation Inc ($50k) and Dana College Foundation Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.