Marc Lustgarten Pancreatic Cancer Foundation

Analysis

Marc Lustgarten Pancreatic Cancer Foundation is a registered charity in United States, based in Uniondale, NY. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Marc Lustgarten Pancreatic Cancer Foundation reported income of $18.3m and spending of $28.7m, spending 157% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.5m to $18.3m (-38%), an average of -11% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marc Lustgarten Pancreatic Cancer Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Project Bread - the Walk for Hunger Inc ($18.3m), The Citizens Foundation USA ($18.3m) and Emory Valley Center Inc ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $1.1m (3.7% of expenses). Other salaries and wages came to $2.8m. It paid $54k in professional fundraising fees. At year end it held assets of $78.6m against liabilities of $9.3m, net assets of $69.3m. It reported 30 employees.