Foundation for Thymic Cancer Research

Analysis

Foundation for Thymic Cancer Research is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in October 2002, 24 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, Foundation for Thymic Cancer Research reported income of $101k and spending of $89k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $101k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Thymic Cancer Research sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Gastrocares Inc ($101k), Young Womens Breast Cancer Awareness Foundation ($101k) and Teamcorrie Cancer Foundation ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.