Cancer Association of Spartanburg and Cherokee Counties Inc

Analysis

Cancer Association of Spartanburg and Cherokee Counties Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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 June 2023, Cancer Association of Spartanburg and Cherokee Counties Inc reported income of $145k and spending of $463k, spending 320% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $561k to $145k (-74%), an average of -29% a year. The sharpest change came in the year to June 2022, when income rose by 211%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cancer Association of Spartanburg and Cherokee Counties Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include American Association of Women ($145k), Friends of Prospect Park ($145k) and New York State Public Health Association Inc C O E S Clare ($145k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $70k (15% of expenses). Other salaries and wages came to $84k. At year end it held assets of $1.4m against liabilities of $284k, net assets of $1.1m. It reported 4 employees.