Teddy Bear Cancer Foundation

Analysis

Teddy Bear Cancer Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teddy Bear Cancer Foundation reported income of $1.6m and spending of $1.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teddy Bear Cancer Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Northern Medical Center Inc ($1.6m), Bone Marrow and Cancer Foundation Inc ($1.6m) and Yampa Valley Medical Center Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $200k (11% of expenses). Other salaries and wages came to $528k. At year end it held assets of $2.2m against liabilities of $101k, net assets of $2.1m. It reported 13 employees.