Down for a Cure Inc

Analysis

Down for a Cure Inc is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in July 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, Down for a Cure Inc reported income of $202k and spending of $102k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $112k to $202k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Down for a Cure Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Freedom Center ($202k), Brady Hope From the Heart ($202k) and Lifeline Resource Center ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.