Walker Cancer Research Institute Inc

Analysis

Walker Cancer Research Institute Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in July 2001, 25 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, Walker Cancer Research Institute Inc reported income of $2.3m and spending of $2.8m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $2.3m (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Walker Cancer Research Institute Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Narcotics Prevention Association Inc ($2.3m), Union Hospital Foundation Inc ($2.3m) and Head for the Cure ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $486k (18% of expenses). It paid $171k in professional fundraising fees. At year end it held assets of $6.7m against liabilities of $231k, net assets of $6.5m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.