Building the Cure Foundation Inc

Analysis

Building the Cure Foundation Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Building the Cure Foundation Inc reported income of $107k and spending of $92k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $977 to $107k (+10808%), an average of +10808% a year. The sharpest change came in the year to December 2023, when income rose by 10808%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Building the Cure Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Byd-Smart Joint Apprenticeship and Training Fund ($107k), Keheley Elementary School Foundation Inc ($107k) and Ft Myers Offshore Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.