Childrens Cancer Research Fund

Analysis

Childrens Cancer Research Fund is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1998, 28 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, Childrens Cancer Research Fund reported income of $18.4m and spending of $18.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $18.4m (+282%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 363%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Cancer Research Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Highland Santa Barbara Foundation Inc ($18.3m), Jewish Community Center of Greater Kansas City ($18.5m) and The M S Hershey Foundation ($18.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $413k (2.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $16.4m against liabilities of $10.0m, net assets of $6.4m. It reported 55 employees.