Lou Malnati Cancer Research Fund

Analysis

Lou Malnati Cancer Research Fund is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in June 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lou Malnati Cancer Research Fund reported income of $433k and spending of $526k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $356k to $433k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 948%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lou Malnati Cancer Research Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Good Samaritan Institute for Research and Education ($433k), 21 Roots Farm ($433k) and Muscular Dystrophy Family Foundation Inc ($433k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 129% of the total. It paid $113 in professional fundraising fees. At year end it held assets of $171k against liabilities of $0, net assets of $171k.