Egypt Cancer Network 57357 and Afnci Inc

Analysis

Egypt Cancer Network 57357 and Afnci Inc is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Egypt Cancer Network 57357 and Afnci Inc reported income of $2.6m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.6m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Egypt Cancer Network 57357 and Afnci Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Go Ministries Inc ($2.6m), Rule of Law Foundation III Inc ($2.6m) and Planet Women ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $76k (3.0% of expenses). Other salaries and wages came to $48k. At year end it held assets of $7.8m against liabilities of $1.4m, net assets of $6.4m. It reported 4 employees.