Foundation for Alternative Cancer Therapies Ltd

Analysis

Foundation for Alternative Cancer Therapies Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Foundation for Alternative Cancer Therapies Ltd reported income of $60k and spending of $58k, spending 97% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $16k to $60k (+284%), an average of +40% a year. The sharpest change came in the year to March 2021, when income rose by 947%. Over the whole period it spent 157% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Alternative Cancer Therapies Ltd sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Synthase Inc ($60k), Illinois Physical Therapy Foundation ($60k) and Hipeexnu Kii U Nuun Wisiix ($60k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.9% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.