Cancer of Many Colors Inc

Analysis

Cancer of Many Colors Inc is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in August 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, Cancer of Many Colors Inc reported income of $110k and spending of $103k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $110k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer of Many Colors Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Tribal Adaptive Organization ($110k), Face2face Healing Inc ($110k) and Fred Lang Foundation Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 8.7% of the total. At year end it held assets of $249k against liabilities of $2,360, net assets of $247k.