Gabrielles Angel Foundation for Cancer Research Inc

Analysis

Gabrielles Angel Foundation for Cancer Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1996, 30 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, Gabrielles Angel Foundation for Cancer Research Inc reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gabrielles Angel Foundation for Cancer Research 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 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Main Street Community Foundation ($3.6m), Monks of Norcia Foundation ($3.6m) and Global Outreach Developments International ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $198k (5.5% of expenses). Other salaries and wages came to $179k. At year end it held assets of $6.1m against liabilities of $4.4m, net assets of $1.7m.