Curegrin Foundation

Analysis

Curegrin Foundation is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in May 2019, 7 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 April 2023, Curegrin Foundation reported income of $423k and spending of $836k, spending 198% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $631k to $423k (-33%), an average of -12% a year. The sharpest change came in the year to April 2022, when income rose by 86%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Curegrin Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Community Shares Inc ($423k), Fund for the Guggenheim Fellowships ($423k) and New London Volunteer Fire Department Inc ($422k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). Other salaries and wages came to $9,375. At year end it held assets of $903k against liabilities of $496k, net assets of $407k.