Cancer Research Institute Inc

Analysis

Cancer Research Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1953, 73 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 June 2023, Cancer Research Institute Inc reported income of $32.3m and spending of $38.6m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $42.0m to $32.3m (-23%), an average of -6.4% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Research Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Milwaukee Regional Medical Center Thermal Service Inc ($32.3m), First Care Medical Services ($32.3m) and Ladacin Network Inc ($32.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $2.4m (6.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $138.0m against liabilities of $70.0m, net assets of $68.0m. It reported 32 employees.