Ovarian Cancer Research Fund Inc

Analysis

Ovarian Cancer Research Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ovarian Cancer Research Fund Inc reported income of $13.4m and spending of $13.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $13.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ovarian Cancer Research Fund Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include East Lake Foundation Inc ($13.4m), The Community Foundation of Harrisonburg and Rockingham County ($13.5m) and Love Thy Neighbor Too ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $576k (4.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $39.2m against liabilities of $14.7m, net assets of $24.5m. It reported 30 employees.