Libbys Legacy Breast Cancer Foundation

Analysis

Libbys Legacy Breast Cancer Foundation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Libbys Legacy Breast Cancer Foundation reported income of $3.5m and spending of $3.4m, spending 98% of its income. Across the 4 years on record, from December 2019 to June 2023, income fell from $4.0m to $3.5m (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Libbys Legacy Breast Cancer Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Greater Dayton Area Health Information Network ($3.5m), Bibbins a F C Inc ($3.5m) and Rare Cancer Research Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $166k (4.8% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.6m against liabilities of $242k, net assets of $1.4m. It reported 4 employees.