Israel Cancer Association USA

Analysis

Israel Cancer Association USA is a registered charity in United States, based in Palm Beach, FL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. 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, Israel Cancer Association USA reported income of $266k and spending of $401k, spending 151% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $680k to $266k (-61%), an average of -27% a year. The sharpest change came in the year to June 2022, when income rose by 402%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Israel Cancer Association USA sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Kcef Foundation Inc ($266k), Nami Coastal Virginia ($266k) and Camp Paquatuck Fundraisers Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $435k against liabilities of $204k, net assets of $231k.