American Cancer Society Inc

Analysis

American Cancer Society Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1942, 84 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 December 2023, American Cancer Society Inc reported income of $656.8m and spending of $756.3m, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $769.9m to $656.8m (-15%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Cancer Society Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include Shannon Medical Center ($654.8m), The Lowell General Hospital ($657.1m) and Freeman Health System ($654.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $4.9m (0.6% of expenses). Other salaries and wages came to $239.5m. It paid $10.8m in professional fundraising fees. At year end it held assets of $1.81bn against liabilities of $531.3m, net assets of $1.28bn. It reported 3,300 employees.