Mission Cure Inc

Analysis

Mission Cure Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mission Cure Inc reported income of $536k and spending of $428k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $933k to $536k (-43%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mission Cure Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include D1 Sports & Athletics ($536k), Friends of Yeshivas Rashi ($536k) and Portland Workforce Alliance ($536k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.0m against liabilities of $3,489, net assets of $1.0m. It reported 6 employees.