Cancer Outreach Foundation

Analysis

Cancer Outreach Foundation is a registered charity in United States, based in Abingdon, VA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Cancer Outreach Foundation reported income of $85k and spending of $63k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $85k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cancer Outreach Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Nacogdoches Junior Forum ($85k), Kuehnle Elementary Parent Teacher Organization Inc ($85k) and Hannah Peretsman Breene Foundation ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $57k against liabilities of $480, net assets of $57k.