Childrens Tumor Foundation

Analysis

Childrens Tumor Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1984, 42 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 December 2023, Childrens Tumor Foundation reported income of $16.4m and spending of $18.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $17.9m to $16.4m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Tumor Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Pioneer Memorial Hospital & Health Services ($16.4m), Insight Human Services Inc ($16.4m) and Covenant Community Care Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $877k (4.7% of expenses). Other salaries and wages came to $4.2m. It paid $110k in professional fundraising fees. At year end it held assets of $30.1m against liabilities of $4.4m, net assets of $25.7m. It reported 53 employees.