Chinese Cancer Memorial Foundation

Analysis

Chinese Cancer Memorial Foundation is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in February 1998, 28 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 March 2024, Chinese Cancer Memorial Foundation reported income of $154k and spending of $72k, leaving 53% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $570k to $154k (-73%), an average of -28% a year. The sharpest change came in the year to March 2024, when income rose by 265%. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chinese Cancer Memorial Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Watco Charities Inc ($154k), The Dr Robert F Thomas Foundation Inc ($154k) and NJ Car Charitable Foundation Inc ($153k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 136% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.