Cancer Resource Center of the Finger Lakes

Analysis

Cancer Resource Center of the Finger Lakes is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, Cancer Resource Center of the Finger Lakes reported income of $373k and spending of $425k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $519k to $373k (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Resource Center of the Finger Lakes sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Edi Institute Inc ($373k), New Creation Healing Center Inc ($373k) and Sumner Prevention Coalition Inc ($373k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $72k (17% of expenses). Other salaries and wages came to $165k. At year end it held assets of $572k against liabilities of $22k, net assets of $549k. It reported 8 employees.