Bear Necessities Pediatric Cancer Foundation

Analysis

Bear Necessities Pediatric Cancer Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover medical research, 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 June 2023, Bear Necessities Pediatric Cancer Foundation reported income of $1.7m and spending of $1.4m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.7m (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bear Necessities Pediatric Cancer Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Delaware Council on Gambling Problems Inc ($1.7m), Forward Mt Foundation ($1.7m) and Harvest Evangelism Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $284k (20% of expenses). Other salaries and wages came to $279k. At year end it held assets of $2.6m against liabilities of $291k, net assets of $2.3m. It reported 6 employees.