Cure Kcnh1 Foundation

Analysis

Cure Kcnh1 Foundation is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in December 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cure Kcnh1 Foundation reported income of $52k and spending of $77k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $277k to $52k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cure Kcnh1 Foundation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Huron Valley Area Intergroup Inc ($52k), SHDC No 7 Inc ($52k) and Courageous Survival Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.