Leukemiatexas Inc

Analysis

Leukemiatexas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1972, 54 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, Leukemiatexas Inc reported income of $388k and spending of $324k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $388k (-68%), an average of -25% a year. The sharpest change came in the year to June 2021, when income dropped by 66%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Leukemiatexas Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include San Joaquin Family Health Care Association Inc ($388k), Yankton Rural Area Health Education Center ($388k) and Plains Community Ambulance Inc ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 164% of the total. Compensation of current officers, directors and key employees was $104k (32% of expenses). Other salaries and wages came to $99k. At year end it held assets of $101k against liabilities of $8,141, net assets of $93k. It reported 3 employees.