Vanguard Cancer Foundation

Analysis

Vanguard Cancer Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vanguard Cancer Foundation reported income of $66k and spending of $301k, spending 458% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $107k to $66k (-38%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income rose by 2644%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vanguard Cancer Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Sams Fight for Sight ($66k), Pullman Memorial Hospital Auxiliary ($66k) and Independent Cancer Research Foundation Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $621k against liabilities of $0, net assets of $621k.

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.