Cancer Research and Life Foundation

Analysis

Cancer Research and Life Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in April 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cancer Research and Life Foundation reported income of $453k and spending of $49k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $881k to $453k (-49%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Research and Life Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Positive Pathways Consulting Inc ($452k), Pediatric Research in Sports Medicine Society Inc ($453k) and Edison Biotechnology Center Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $1.4m against liabilities of $542k, net assets of $874k.