Curative Care Center Inc

Analysis

Curative Care Center Inc is a registered charity in United States, based in Titusville, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Curative Care Center Inc reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $372k to $1.2m (+219%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Curative Care Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Disability Resource Center Inc ($1.2m), Travis County Sheriffs Dept Brown Santa Contingency Fund ($1.2m) and Hope Ignites Pittsburgh ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $188k (14% of expenses). Other salaries and wages came to $361k. At year end it held assets of $100k against liabilities of $158k, net assets of -$58k. It reported 13 employees.