American Association for Cancer Research Foundation

Analysis

American Association for Cancer Research Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Association for Cancer Research Foundation reported income of $19.0m and spending of $20.9m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $70.1m to $19.0m (-73%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Association for Cancer Research Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Daughters of Israel Inc ($19.0m), TCN Behavioral Health Services Inc ($19.0m) and Pace at Home Inc ($19.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $574k (2.7% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.2m against liabilities of $15k, net assets of $6.2m.