American Association for Cancer Research

Analysis

American Association for Cancer Research is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1965, 61 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 (gross receipts test) 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 reported income of $74.3m and spending of $80.2m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124.7m to $74.3m (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 90% 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 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Richland Hospital ($74.3m), Texas Health Hospital Mansfield ($74.4m) and Mid-Columbia Medical Center ($74.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.4m (1.8% of expenses). Other salaries and wages came to $21.4m. At year end it held assets of $241.9m against liabilities of $71.5m, net assets of $170.5m. It reported 277 employees.