Violet Foundation for Pediatric Brain Cancer

Analysis

Violet Foundation for Pediatric Brain Cancer is a registered charity in United States, based in Countryside, IL. It received its IRS tax-exemption ruling in September 2022, 4 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 December 2023, Violet Foundation for Pediatric Brain Cancer reported income of $1.5m and spending of $569k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $952k to $1.5m (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 24% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Violet Foundation for Pediatric Brain Cancer sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Barnabas Health Services Inc ($1.5m), A Beautiful Mind Inc ($1.5m) and Southwest Volusia Health Services Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.