Florida Cancer Specialists Foundation Inc

Analysis

Florida Cancer Specialists Foundation Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Florida Cancer Specialists Foundation Inc reported income of $3.5m and spending of $3.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $3.5m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Florida Cancer Specialists Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include United Way of Central Jersey Inc ($3.5m), Community Foundation of South Central Kentucky Inc ($3.5m) and Datakind ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $132k (4.1% of expenses). Other salaries and wages came to $551k. At year end it held assets of $8.7m against liabilities of $178k, net assets of $8.5m. It reported 12 employees.