Rexannas Foundation for Fighting Lung Cancer

Analysis

Rexannas Foundation for Fighting Lung Cancer is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rexannas Foundation for Fighting Lung Cancer reported income of $223k and spending of $321k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $414k to $223k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rexannas Foundation for Fighting Lung Cancer sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Fertile Beltrami Education Foundation ($223k), San Augustine County Junior Livestock Committee ($223k) and Trenton Public Education Foundation Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $15k (4.7% of expenses). At year end it held assets of $257k against liabilities of $0, net assets of $257k.