Aflac Childhood Cancer Foundation Inc

Analysis

Aflac Childhood Cancer Foundation Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in May 2018, 8 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Aflac Childhood Cancer Foundation Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $59k to $1.4m (+2269%), an average of +187% a year. The sharpest change came in the year to December 2021, when income rose by 503%. Over the whole period it spent 159% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aflac Childhood Cancer Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Kure It Inc ($1.4m), Covenant Counseling and Education Center ($1.4m) and American Friends of Herzog Hospital Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $9,563, net assets of $74k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.