Michael Rolfe Pancreatic Cancer Foundation

Analysis

Michael Rolfe Pancreatic Cancer Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Michael Rolfe Pancreatic Cancer Foundation reported income of $839k and spending of $814k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $839k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Michael Rolfe Pancreatic Cancer Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Community Chest of Port Washington Inc ($839k), Blessey Charities Inc ($840k) and Vital Life - a Marquis and Consonus Foundation ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $120k (15% of expenses). Other salaries and wages came to $189k. At year end it held assets of $799k against liabilities of $224k, net assets of $576k. It reported 5 employees.