Ancan Foundation

Analysis

Ancan Foundation is a registered charity in United States, based in Tumacacori, AZ. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, Ancan Foundation reported income of $256k and spending of $52k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $256k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 25% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ancan Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include Champions for Childrens Mental Health Inc ($256k), Millerstown Ambulance League ($256k) and Wings of Humanity Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $516k against liabilities of $1,295, net assets of $514k.