Friend for Life a Cancer Support Network Inc

Analysis

Friend for Life a Cancer Support Network Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1988, 38 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 April 2024, Friend for Life a Cancer Support Network Inc reported income of $143k and spending of $121k, spending 84% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $97k to $143k (+47%), an average of +47% a year. The sharpest change came in the year to April 2024, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friend for Life a Cancer Support Network 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 46th percentile within KY. Charities of a similar size with the same main cause include St Martins Endowment Fund ($143k), Ashland Rotary Foundation ($143k) and Hugh Obrian Youth Leadership ($143k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.