New York Cancer Center Inc

Analysis

New York Cancer Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover health care, 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 December 2023, New York Cancer Center Inc reported income of $3.7m and spending of $2.1m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $889k to $3.7m (+312%), an average of +42% a year. The sharpest change came in the year to December 2021, when income rose by 483%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York Cancer Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Heres Help Inc ($3.7m), Community Health Center of Northeast Oklahoma ($3.7m) and Ability Center of Greater Toledo Supporting Organization ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. Other salaries and wages came to $349k. At year end it held assets of $13.6m against liabilities of $14k, net assets of $13.5m. It reported 9 employees.