Herbert Kosten Pancreatic Cancer Charitable Fund

Analysis

Herbert Kosten Pancreatic Cancer Charitable Fund is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2005, 21 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, Herbert Kosten Pancreatic Cancer Charitable Fund reported income of $261k and spending of $122k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $261k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Herbert Kosten Pancreatic Cancer Charitable Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Montana Empowerment Center Inc ($261k), Asociacion Latina de Asistencia Y Prevencion Del Cancer de Mama ($261k) and Operation Enduring Support ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $450k against liabilities of $0, net assets of $450k.