ALS Cure Project Inc

Analysis

ALS Cure Project Inc is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in November 2019, 7 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, ALS Cure Project Inc reported income of $164k and spending of $244k, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $524k to $164k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, ALS Cure Project Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Sober Today Club Inc ($164k), W Hardy Hendren Pediatric Surgical and Urological Education ($165k) and International Thymic Malignancy Interest Group ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.