Hanna Memorial Cancer Clinic Inc
EIN: 273417153 · Jersey City, NJ · NTEE: E24
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $116K |
| Net Assets | $6.7M |
Is Hanna Memorial Cancer Clinic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hanna Memorial Cancer Clinic Inc
Hanna Memorial Cancer Clinic Inc (EIN: 273417153) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code E24. The organization reported total revenue of $200K and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hanna Memorial Cancer Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hanna Memorial Cancer Clinic Inc is a small nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -29.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $116K |
| Surplus / Deficit | +$93K |
| Total Assets | $6.7M |
| Net Assets | $6.7M |
| Operating Margin | 44.6% |
| Months of Reserves | 698.0 months |
Financial Health Grade: A
In 2023, Hanna Memorial Cancer Clinic Inc reported a surplus of $93K with revenue exceeding expenses, holds 698.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Hanna Memorial Cancer Clinic Inc's revenue has declined at a compound annual growth rate (CAGR) of -29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.6% | -34.9% | +1.4% |
| 2022 | -36.8% | +131.4% | -0.7% |
| 2021 | -59.3% | -43.9% | +2.0% |
| 2020 | -49.5% | -90.6% | +6.6% |
| 2019 | -15.9% | +63.1% | +21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hanna Memorial Cancer Clinic Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hanna Memorial Cancer Clinic Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
Frequently Asked Questions about Hanna Memorial Cancer Clinic Inc
Is Hanna Memorial Cancer Clinic Inc a legitimate charity?
Hanna Memorial Cancer Clinic Inc (EIN: 273417153) is a registered tax-exempt nonprofit based in New Jersey. It has 6 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. Financial health grade: A.
How does Hanna Memorial Cancer Clinic Inc spend its money?
Hanna Memorial Cancer Clinic Inc reported $200K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hanna Memorial Cancer Clinic Inc tax-deductible?
Hanna Memorial Cancer Clinic Inc is registered as a tax-exempt nonprofit (EIN: 273417153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hanna Memorial Cancer Clinic Inc located?
Hanna Memorial Cancer Clinic Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 273417153. It is classified under NTEE code E24.
How many years of IRS 990 filings does Hanna Memorial Cancer Clinic Inc have?
Hanna Memorial Cancer Clinic Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $200K in total revenue.
Filing History
IRS 990 filing history for Hanna Memorial Cancer Clinic Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Hanna Memorial Cancer Clinic Inc's revenue has declined by 82.4%, moving from $1.2M to $209K. Total assets increased by 33.1% over the same period, from $5.1M to $6.7M. Total functional expenses fell by 87%, from $893K to $116K. In its most recent filing year (2023), Hanna Memorial Cancer Clinic Inc reported a surplus of $93K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $116K | $6.7M | $0 | — | View 990 |
| 2022 | $130K | $178K | $6.6M | $0 | — | View 990 |
| 2021 | $206K | $77K | $6.7M | $0 | — | View 990 |
| 2020 | $506K | $137K | $6.6M | $0 | — | View 990 |
| 2019 | $1.0M | $1.5M | $6.2M | $0 | — | View 990 |
| 2018 | $1.2M | $893K | $5.1M | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $116K, and assets of $6.7M (revenue +60.6% year-over-year).
- 2022: Revenue of $130K, expenses of $178K, and assets of $6.6M (revenue -36.8% year-over-year).
- 2021: Revenue of $206K, expenses of $77K, and assets of $6.7M (revenue -59.3% year-over-year).
- 2020: Revenue of $506K, expenses of $137K, and assets of $6.6M (revenue -49.5% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.5M, and assets of $6.2M (revenue -15.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $893K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hanna Memorial Cancer Clinic Inc:
Data Sources and Methodology
This transparency report for Hanna Memorial Cancer Clinic Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.