Cannonball Kids Cancer Foundation Inc

Analysis

Cannonball Kids Cancer Foundation Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in January 2015, 11 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, Cannonball Kids Cancer Foundation Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cannonball Kids Cancer Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Labette Health Endowment Association ($1.0m), St Christopher Truckers Development & Relief Fund Inc ($1.0m) and End It for Good Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $309k. At year end it held assets of $1.3m against liabilities of $959k, net assets of $379k. It reported 4 employees.