Childrens Oncology Group Foundation

Analysis

Childrens Oncology Group Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 Oncology Group Foundation reported income of $7.1m and spending of $7.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.0m to $7.1m (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Oncology Group Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Anchor Mental Health Association ($7.1m), Umc Foundation ($7.1m) and Crossroads Center ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $140k (1.9% of expenses). Other salaries and wages came to $19k. At year end it held assets of $22.5m against liabilities of $4.9m, net assets of $17.6m.