Breast Cancer Research Foundation of Alabama

Analysis

Breast Cancer Research Foundation of Alabama is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Breast Cancer Research Foundation of Alabama reported income of $1.8m and spending of $2.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+31%), an average of +7.0% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Breast Cancer Research Foundation of Alabama sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include The Naspghan Foundation ($1.8m), Clean & Sober Streets Inc ($1.8m) and White Memorial Community Benefit Co RP ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $109k (5.6% of expenses). Other salaries and wages came to $147k. At year end it held assets of $529k against liabilities of $427k, net assets of $102k. 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.