Cancer Care Co-Payment Assistance Foundation Inc

Analysis

Cancer Care Co-Payment Assistance Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover health care, 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 June 2023, Cancer Care Co-Payment Assistance Foundation Inc reported income of $83.4m and spending of $86.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $79.2m to $83.4m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Care Co-Payment Assistance Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Texas Biomedical Research Institute ($83.2m), Mount Sinai Medical Center Foundation Inc ($83.4m) and Gardner Family Health Network Inc ($83.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $546k (0.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $76.4m against liabilities of $22.5m, net assets of $53.9m. It reported 14 employees.