Paint for a Cure

Analysis

Paint for a Cure is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover health care, 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, Paint for a Cure reported income of $125k and spending of $388k, spending 310% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $413k to $125k (-70%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Paint for a Cure sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within AZ. Charities of a similar size with the same main cause include Potter-Randall County Child Welfare Board ($125k), Four Paws and a Wake Up-Nc ($125k) and James L Hagedorn Cancer Charities Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $328k against liabilities of $0, net assets of $328k.