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Nsabp Foundation Inc

RegisteredEIN 25-1781357Pittsburgh, PAHealth and saving lives
Income$44.2m2023-06
Spending$36.5msame year
Spent / received95%5-year average
Size in its cause92nd pctHealth and saving lives
Exempt since1996Publicly supported organisat
Employees114latest return

Analysis

Nsabp Foundation Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Nsabp Foundation Inc reported income of $44.2m and spending of $36.5m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.7m to $44.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nsabp Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Allina Health Foundation ($44.2m), Neighborhood Health ($44.3m) and Morgridge Institute Foundation Inc ($44.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $769k (2.1% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $97.9m against liabilities of $41.6m, net assets of $56.3m. It reported 114 employees.

Income and spending

$0$14.0m$27.9m$41.9m$55.9m2019 Income: $31,655,0852019 Spending: $34,942,59020192020 Income: $38,956,2272020 Spending: $43,249,60520202021 Income: $55,869,1722021 Spending: $47,581,44020212022 Income: $33,104,3782022 Spending: $32,069,05620222023 Income: $44,221,0322023 Spending: $36,528,9182023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.9%
  • Program services 83%
  • Other 8.0%

Similar-sized charities, same cause

CharityLocationIncome
Allina Health FoundationMinneapolis$44.2m
Neighborhood HealthAlexandria$44.3m
Morgridge Institute Foundation IncMadison$44.2m
Stephens County Hospital AuthorityToccoa$44.3m