The American Breast Cancer Foundation Inc

Analysis

The American Breast Cancer Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, The American Breast Cancer Foundation Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $811k to $2.2m (+171%), an average of +39% a year. The sharpest change came in the year to March 2021, when income rose by 170%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The American Breast Cancer Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Franklinton Association for Challenged Citizens Inc ($2.2m), Comfort Food of Washington County ($2.2m) and Daystar Life Inc ($2.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $175k (8.6% of expenses). Other salaries and wages came to $168k. At year end it held assets of $4.0m against liabilities of $493k, net assets of $3.5m. It reported 5 employees.