Every Cure Inc

Analysis

Every Cure Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2023, 3 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, Every Cure Inc reported income of $2.4m and spending of $453k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $316k to $2.4m (+673%), an average of +673% a year. The sharpest change came in the year to December 2023, when income rose by 673%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Every Cure Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Bridgeview Community Mental Healthcenter ($2.4m), West Town Senior Residence ($2.4m) and Manor St Joseph ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $3.3m against liabilities of $966k, net assets of $2.3m.