Cancer Alliance Network Inc

Analysis

Cancer Alliance Network Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in February 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cancer Alliance Network Inc reported income of $973k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $932k to $973k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Alliance Network Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include US Health Fairs - Org ($973k), Lorain County Free Clinic Inc ($973k) and Clem-Mar House Inc ($973k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $112k (11% of expenses). Other salaries and wages came to $216k. It paid $2,500 in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $309k, net assets of $1.3m. It reported 9 employees.