Adenoid Cystic Carcinoma Researchfoundation

Analysis

Adenoid Cystic Carcinoma Researchfoundation is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in March 2006, 20 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, Adenoid Cystic Carcinoma Researchfoundation reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.9m (-10.0%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adenoid Cystic Carcinoma Researchfoundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include New Kensington Volunteer Fire Department Ambulance Corps ($1.9m), Drug Prevention Resources Inc ($1.9m) and Jordan Community Residential Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $150k (8.0% of expenses). Other salaries and wages came to $214k. At year end it held assets of $2.7m against liabilities of $147k, net assets of $2.5m. It reported 3 employees.