Global Cancer Institute Inc

Analysis

Global Cancer Institute Inc is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in May 2014, 12 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, Global Cancer Institute Inc reported income of $76k and spending of $229k, spending 301% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $106k to $76k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income rose by 25746%. Over the whole period it spent 258% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Cancer Institute Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Northeast Central Services Inc ($76k), Elk Institute for Psychological Health & Performance ($76k) and Camp Not-A-Wheeze Corporation ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $195k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 2 employees.

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.