Independent Cancer Research Foundation Inc

Analysis

Independent Cancer Research Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover medical research, 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, Independent Cancer Research Foundation Inc reported income of $66k and spending of $38k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $66k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 152% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Independent Cancer Research 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 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Arizona Myeloma Network ($66k), Sams Fight for Sight ($66k) and Dentistry From the Heart Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $200k, net assets of -$102k.