Hope & Heroes Childrens Cancer Fund

Analysis

Hope & Heroes Childrens Cancer Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Hope & Heroes Childrens Cancer Fund reported income of $5.8m and spending of $6.4m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 98%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hope & Heroes Childrens Cancer Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include American Telemedicine Association ($5.8m), American Indian Health and Family Services of Southeastern Mi Inc ($5.8m) and Charcot-Marie-Tooth Association ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 120% of the total. Compensation of current officers, directors and key employees was $346k (5.4% of expenses). Other salaries and wages came to $693k. At year end it held assets of $9.0m against liabilities of $407k, net assets of $8.6m.