Phillips-Amick Foundation for Cancer Research

Analysis

Phillips-Amick Foundation for Cancer Research is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 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, Phillips-Amick Foundation for Cancer Research reported income of $255k and spending of $234k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $255k (+345%), an average of +345% a year. The sharpest change came in the year to December 2023, when income rose by 345%. 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, Phillips-Amick Foundation for Cancer Research 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 64th percentile within SC. Charities of a similar size with the same main cause include Justin Parker Neurological Institute ($255k), South Bay Auxiliary of Childrens Hospital of Los Angeles ($255k) and First Integrated Community and Care Services ($255k).

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 $90k against liabilities of $0, net assets of $90k.