Daniel B Allanoff Foundation Inc

Analysis

Daniel B Allanoff Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2014, 12 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, Daniel B Allanoff Foundation Inc reported income of $76k and spending of $100k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $76k (+11%), an average of +11% a year. Over the whole period it spent 135% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Daniel B Allanoff Foundation Inc sits at the 22nd 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 28th percentile within PA. Charities of a similar size with the same main cause include International Society for Cardiovascular Translational Resea ($76k), Be the Light Speak Up Speak Out ($76k) and Whitestone Community Ambulance Service ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.9% of the total. At year end it held assets of $123k against liabilities of $161, net assets of $123k.