Answer to Cancer Inc

Analysis

Answer to Cancer Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in September 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Answer to Cancer Inc reported income of $122k and spending of $116k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $114k to $122k (+7.0%), an average of +3.4% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Answer to Cancer Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include New York Research Education and Community Health Inc ($122k), Triangle Club a Nevada Non-Profit Corporation ($122k) and Shot in the Dark Az ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $7,091 against liabilities of $0, net assets of $7,091.