Friends of Dana-Farber Cancer Institute

Analysis

Friends of Dana-Farber Cancer Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of Dana-Farber Cancer Institute reported income of $881k and spending of $844k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $746k to $881k (+18%), an average of +4.2% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Dana-Farber Cancer Institute sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Eliza Home Care Inc ($881k), Road 2 Recovery Foundation ($881k) and Rosenthal Center for Addiction Studies Inc ($881k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $1.4m against liabilities of $757k, net assets of $597k.