Lynn Sage Breast Cancer Foundation
Analysis
Lynn Sage Breast Cancer Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lynn Sage Breast Cancer Foundation reported income of $2.2m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.2m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 74% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lynn Sage Breast Cancer Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Housing Families First ($2.2m), Neighborhood Housing Services of Rochester Inc ($2.2m) and Grace Place Ministry Inc ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $363k (22% of expenses). At year end it held assets of $6.5m against liabilities of $216k, net assets of $6.2m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Other 60%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Housing Families First | Richmond | $2.2m |
| Neighborhood Housing Services of Rochester Inc | Rochester | $2.2m |
| Grace Place Ministry Inc | Hendersonvlle | $2.2m |
| Housing Solutions for the Southwest Inc | Durango | $2.2m |