Jonsson Cancer Center Foundation- UCLA

Analysis

Jonsson Cancer Center Foundation- UCLA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1958, 68 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jonsson Cancer Center Foundation- UCLA reported income of $7.7m and spending of $9.7m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.3m to $7.7m (-42%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jonsson Cancer Center Foundation- UCLA sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Foundation for Human Enrichment Dba Somatic Experiencing Intl ($7.7m), Bek Care LLC ($7.7m) and The Center to Promote Healthcare Access Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $25.5m against liabilities of $874k, net assets of $24.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.