Hanna Memorial Cancer Clinic Inc

Analysis

Hanna Memorial Cancer Clinic Inc is a registered charity in United States, based in Weehawken, NJ. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hanna Memorial Cancer Clinic Inc reported income of $209k and spending of $116k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $209k (-79%), an average of -32% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hanna Memorial Cancer Clinic Inc sits at the 41st percentile: it is larger than about 41% 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 Cancer Abcs Inc ($209k), Liverpool Emergency Medical Services ($209k) and Chris Norton Foundation ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.