Racca Cancer Foundation

Analysis

Racca Cancer Foundation is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Racca Cancer Foundation reported income of $52k and spending of $47k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $52k (+10%), an average of +10% a year. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Racca Cancer Foundation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include K-Day Geriatric Research Center Foundation ($52k), Bridges of Dodge County Inc ($52k) and Kailas Komfort ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $35k against liabilities of $1,047, net assets of $34k.