Koenig Childhood Cancer Foundation

Analysis

Koenig Childhood Cancer Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Koenig Childhood Cancer Foundation reported income of $531k and spending of $261k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $218k to $531k (+143%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Koenig Childhood Cancer Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Sacramento Area Bicycle Advocates ($531k), Childrens Health Guild ($531k) and Clarinda Foundation Inc ($531k).

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 $569k against liabilities of $11k, net assets of $558k.