Cancer Research Foundation

Analysis

Cancer Research Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 March 2024, Cancer Research Foundation reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $250k to $1.5m (+506%), an average of +57% a year. The sharpest change came in the year to March 2022, when income rose by 518%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Research Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Pennsylvania Health Access Network ($1.5m), Make a Wish Foundation of East Tennessee Inc ($1.5m) and National Hispanic Health Foundation ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $63k (3.8% of expenses). Other salaries and wages came to $209k. At year end it held assets of $1.4m against liabilities of $126k, net assets of $1.2m. It reported 4 employees.