Targetcancer Foundation Inc

Analysis

Targetcancer Foundation Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 2009, 17 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 January 2024, Targetcancer Foundation Inc reported income of $676k and spending of $798k, spending 118% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $714k to $676k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to January 2023, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Targetcancer Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Tamaqua Community Ambulance Association Inc ($676k), Mrsi Management Inc ($676k) and The Olive Tree Creative Arts Community Center ($676k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $222k (28% of expenses). Other salaries and wages came to $89k. At year end it held assets of $524k against liabilities of $0, net assets of $524k. It reported 4 employees.