Lazarex Cancer Foundation

Analysis

Lazarex Cancer Foundation is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lazarex Cancer Foundation reported income of $3.7m and spending of $6.2m, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.4m to $3.7m (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lazarex Cancer Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Austin Peace Academy ($3.7m), Logos Academy ($3.7m) and Riverside School Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $233k (3.7% of expenses). Other salaries and wages came to $870k. At year end it held assets of $4.1m against liabilities of $1.6m, net assets of $2.6m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.