Friends of Kids with Cancer Inc

Analysis

Friends of Kids with Cancer Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Friends of Kids with Cancer Inc reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.3m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Kids with Cancer Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Options for Independent Living Inc ($2.3m), Maitri ($2.3m) and My Choice Programs Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $198k (9.8% of expenses). Other salaries and wages came to $310k. At year end it held assets of $7.8m against liabilities of $876k, net assets of $6.9m. It reported 9 employees.