Cure RTD Foundation

Analysis

Cure RTD Foundation is a registered charity in United States, based in Red Oak, TX. It received its IRS tax-exemption ruling in April 2018, 8 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 (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 RTD Foundation reported income of $381k and spending of $258k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $381k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure RTD Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include House in the Woods Military and Family Retreat ($380k), The Health Source Group ($381k) and Jewels Therapy Clinic Inc ($380k).

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 $13k (5.2% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 1 employees.