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Greater Impact!

MISSION

To provide extraordinary cutting edge therapies at an affordable cost to low-to-moderate income patients; partnering with universities and charities globally to research, develop, and produce genetic therapies to anyone that requiring treatment.

 FORM 1023-EZ for PANACEA RARE

PANACEARARE.ORG

DEMOGRAPHIC

ADDRESS
24 LONGVIEW DR
94015
COUNTY
san mateo county, CA

ORGANIZATIONAL OVERVIEW & RANKINGS

PANACEA RARE is a based in DALY CITY, CA, focused on Health - General and Rehabilitative causes , specifically Health Support Services. Established in October 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,412,582 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 240,850 out of 275,729 organizations in CA (Top 88%).

In san mateo county, CA, the organization ranks 4,971 out of 5,428 nonprofits by assets (Top 92%), while locally in daly city, it stands at 278 among 344 organizations (Top 78%).

The organization reported no revenue in the most recent filing period, placing it at 2,162,649 nationally and 215,997 in CA.

Within its specific NTEE classification (E60 - E: Health - General and Rehabilitative), which includes 5,776 similar organizations, PANACEA RARE ranks 5,128 in assets (Top 89%) and 5,652 in revenue (Top 98%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at PANACEARARE.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
E: Health - General and Rehabilitative
NTEE CODE
E60: Health Support Services
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jan. 2021
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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