Hirshberg Foundation for Pancreatic Cancer Research

Analysis

Hirshberg Foundation for Pancreatic Cancer Research is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1998, 28 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, Hirshberg Foundation for Pancreatic Cancer Research reported income of $2.8m and spending of $3.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hirshberg Foundation for Pancreatic Cancer Research sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Green Empowerment ($2.8m), Northland Neighborhoods Incorporated ($2.8m) and Kevin & Brittany Kisner Foundation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $228k (7.5% of expenses). Other salaries and wages came to $314k. At year end it held assets of $3.6m against liabilities of $367k, net assets of $3.2m. It reported 8 employees.