Madeline Fiadini Lore Foundation for Cancer Inc

Analysis

Madeline Fiadini Lore Foundation for Cancer Inc is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in April 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madeline Fiadini Lore Foundation for Cancer Inc reported income of $216k and spending of $293k, spending 136% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $220k to $216k (-1.9%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madeline Fiadini Lore Foundation for Cancer Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Apache Creek Deaf and Youth Ranch ($216k), Med Aditus Foundation Inc ($216k) and Gateway House Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $838k against liabilities of $7,086, net assets of $831k.