The Fund for Blood and Cancer Research Inc

Analysis

The Fund for Blood and Cancer Research Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Fund for Blood and Cancer Research Inc reported income of $59k and spending of $283k, spending 477% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $156k to $59k (-62%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fund for Blood and Cancer Research Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Chrysalis Ministries Inc ($59k), Van Hornesville Community Corporation ($59k) and TLC Preschool ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.