Fanconi Cancer Foundation

Analysis

Fanconi Cancer Foundation is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 1994, 32 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, Fanconi Cancer Foundation reported income of $3.5m and spending of $4.2m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $3.5m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fanconi Cancer Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Chicago Blackhawks Foundation ($3.5m), Family CB & RV Jamboree ($3.5m) and Victoria College Foundation Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $371k (8.9% of expenses). Other salaries and wages came to $554k. At year end it held assets of $7.6m against liabilities of $890k, net assets of $6.7m. It reported 12 employees.