Childrens Leukemia Research Association Inc

Analysis

Childrens Leukemia Research Association Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in April 1966, 60 years ago. 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, Childrens Leukemia Research Association Inc reported income of $238k and spending of $575k, spending 241% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $276k to $238k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 196%. Over the whole period it spent 230% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Leukemia Research Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Exeter Volunteer Fire Co No 2 ($238k), Downtown Cluster of Congregations Inc ($238k) and Utah Council of the Blind ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $88k (15% of expenses). Other salaries and wages came to $30k. At year end it held assets of $978k against liabilities of $7,712, net assets of $971k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.