Harrington Cancer and Health Foundation

Analysis

Harrington Cancer and Health Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in August 1978, 48 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harrington Cancer and Health Foundation reported income of $7.7m and spending of $4.8m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $7.7m (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harrington Cancer and Health Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Glendale Prepatory Academy ($7.7m), Louisiana Asset Management Pool Inc ($7.7m) and Italian Center of Stamford Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $406k (8.5% of expenses). Other salaries and wages came to $463k. At year end it held assets of $64.3m against liabilities of $26k, net assets of $64.3m. It reported 9 employees.