Hairy Cell Leukemia Foundation

Analysis

Hairy Cell Leukemia Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Hairy Cell Leukemia Foundation reported income of $2.5m and spending of $1.3m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 221%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hairy Cell Leukemia Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Three Rivers Mothers Milk Bank ($2.5m), Regional Addicition Prevention Inc ($2.5m) and Robbinsdale Womens Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $140k (11% of expenses). Other salaries and wages came to $17k. At year end it held assets of $3.9m against liabilities of $2,981, net assets of $3.9m. It reported 2 employees.