Cancer Care Inc

Analysis

Cancer Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1957, 69 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, Cancer Care Inc reported income of $18.8m and spending of $18.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.4m to $18.8m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. 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, Cancer Care Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Cook Area Health Services Inc ($18.8m), Family Health Care Centers of Greater Los Angeles Inc ($18.8m) and Exceptional Care for Children Inc ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $759k (4.1% of expenses). Other salaries and wages came to $6.8m. It paid $106k in professional fundraising fees. At year end it held assets of $25.9m against liabilities of $5.6m, net assets of $20.2m. It reported 108 employees.