Ackerman Cancer Foundation Inc

Analysis

Ackerman Cancer Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 2005, 21 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 December 2023, Ackerman Cancer Foundation Inc reported income of $54k and spending of $14k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $54k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ackerman Cancer Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Sausalito Sister Cities Inc ($54k), PTA Texas Congress ($54k) and PTA California Congress of Parents Teachers & Students Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.