Paula Takacs Foundation for Sarcoma Research

Analysis

Paula Takacs Foundation for Sarcoma Research is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 2010, 16 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 December 2023, Paula Takacs Foundation for Sarcoma Research reported income of $579k and spending of $440k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $385k to $579k (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Paula Takacs Foundation for Sarcoma Research sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Kitcc Foundation ($579k), American Neurotology Society ($579k) and Last House on the Block Inc ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (13% of expenses). Other salaries and wages came to $9,938. At year end it held assets of $718k against liabilities of $1,762, net assets of $716k. It reported 2 employees.