Cancerconnects Inc

Analysis

Cancerconnects Inc is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in May 2006, 20 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 (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, Cancerconnects Inc reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $852k to $1.2m (+44%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancerconnects Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Charlottesville Inc ($1.2m), Gulfcoast South Area Health Education Center Inc ($1.2m) and Tumtum Tree Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $513k against liabilities of $0, net assets of $513k.