Miami Cancer Research Center Inc

Analysis

Miami Cancer Research Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2018, 8 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 (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, Miami Cancer Research Center Inc reported income of $114k and spending of $111k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $295k to $114k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miami Cancer Research Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Association for the Bladder Exstrophy Community ($114k), Tailgating Against Cancer Inc ($114k) and College Moxie Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.