Foundation for Cancer Care in Tanzania

Analysis

Foundation for Cancer Care in Tanzania is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundation for Cancer Care in Tanzania reported income of $381k and spending of $563k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $645k to $381k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 70%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Cancer Care in Tanzania sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Los Charros Foundation Inc ($380k), PVF Roundtable Charitable Foundation Inc ($381k) and Sauk Rapids Youth Hockey Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. Compensation of current officers, directors and key employees was $30k (5.3% of expenses). At year end it held assets of $601k against liabilities of $0, net assets of $601k.