Ecog-Acrin Medical Research Foundation Inc

Analysis

Ecog-Acrin Medical Research Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Ecog-Acrin Medical Research Foundation Inc reported income of $52.8m and spending of $52.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.8m to $52.8m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ecog-Acrin Medical Research Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include The Los Angeles Free Clinic ($52.8m), Behavioral Wellness Center at Girard ($52.9m) and Escambia Community Clinics Inc ($52.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $9.0m. At year end it held assets of $19.1m against liabilities of $12.7m, net assets of $6.4m. It reported 127 employees.