New York Lung Cancer Foundation Inc

Analysis

New York Lung Cancer Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2024, 2 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, New York Lung Cancer Foundation Inc reported income of $1.1m and spending of $563k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2020 to December 2023, income grew from $30k to $1.1m (+3734%), an average of +3734% a year. The sharpest change came in the year to December 2023, when income rose by 3734%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New York Lung Cancer Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Missing Piece Inc ($1.1m), Health by Design Inc ($1.1m) and Pregnancy Resource Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $713k against liabilities of $25k, net assets of $688k.