Wipe Out Kids Cancer Inc

Analysis

Wipe Out Kids Cancer Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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, Wipe Out Kids Cancer Inc reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $1.1m (+212%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wipe Out Kids Cancer Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Rhode Island Boy Scouts ($1.1m), City Limits News Inc ($1.1m) and Thunderbolt Council Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Other salaries and wages came to $329k. At year end it held assets of $1.1m against liabilities of $165k, net assets of $967k. It reported 3 employees.