Childhood Leukemia Foundation Inc

Analysis

Childhood Leukemia Foundation Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, Childhood Leukemia Foundation Inc reported income of $3.8m and spending of $3.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.8m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childhood Leukemia Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Alabama ($3.8m), Case Preparatory Academy ($3.8m) and Girl Scouts of Southeastern New England ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $185k (5.1% of expenses). Other salaries and wages came to $111k. It paid $2.9m in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $172k, net assets of $1.2m. It reported 3 employees.