Cancer Abcs Inc

Analysis

Cancer Abcs Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cancer Abcs Inc reported income of $209k and spending of $164k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $209k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Abcs Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Chris Norton Foundation ($209k), Hanna Memorial Cancer Clinic Inc ($209k) and Live Oak Counseling Center ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $194k against liabilities of $2,979, net assets of $191k. It reported 1 employees.