Nancy Owens Breast Cancer Foundation

Analysis

Nancy Owens Breast Cancer Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2002, 24 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, Nancy Owens Breast Cancer Foundation reported income of $117k and spending of $146k, spending 125% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $146k to $117k (-20%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nancy Owens Breast Cancer Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Project Scholars Inc ($117k), Hankele Memorial Fund ($117k) and Southern Rivers Energy Trust Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.