The Cancer Challenge

Analysis

The Cancer Challenge is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Cancer Challenge reported income of $481k and spending of $460k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $638k to $481k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Cancer Challenge sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within AR. Charities of a similar size with the same main cause include Rescue Her Inc ($481k), Learning Funhouse Inc ($482k) and United Way of New York State ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 151% of the total. Compensation of current officers, directors and key employees was $83k (18% of expenses). Other salaries and wages came to $67k. At year end it held assets of $265k against liabilities of $98k, net assets of $167k. It reported 4 employees.