Leukemia Research Foundation Of Delaware
EIN: 261215347 · Middletown, DE · NTEE: H123
| Metric | Value |
|---|---|
| Total Revenue | $533K |
| Total Expenses | $208K |
| Net Assets | $1.8M |
Is Leukemia Research Foundation Of Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leukemia Research Foundation Of Delaware
Leukemia Research Foundation Of Delaware (EIN: 261215347) is a nonprofit organization based in Middletown, DE, classified under NTEE code H123. The organization reported total revenue of $533K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leukemia Research Foundation Of Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leukemia Research Foundation Of Delaware is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $208K |
| Surplus / Deficit | $-60,518 |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | -40.9% |
| Months of Reserves | 105.9 months |
Financial Health Grade: B
In 2023, Leukemia Research Foundation Of Delaware reported a deficit of $61K with expenses exceeding revenue, holds 105.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Leukemia Research Foundation Of Delaware's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +265.1% | -3.2% |
| 2022 | -73.4% | +39.4% | -8.3% |
| 2020 | -2.0% | -92.2% | +23.1% |
| 2019 | +39.4% | +1587.6% | -5.0% |
| 2018 | -15.7% | -89.8% | +19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leukemia Research Foundation Of Delaware 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 Leukemia Research Foundation Of Delaware 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 deficit of $61K, with expenses exceeding revenue.
Frequently Asked Questions about Leukemia Research Foundation Of Delaware
Is Leukemia Research Foundation Of Delaware a legitimate charity?
Leukemia Research Foundation Of Delaware (EIN: 261215347) is a registered tax-exempt nonprofit based in Delaware. It has 12 years of IRS 990 filings on record. Total revenue: $533K. No red flags identified. Financial health grade: B.
How does Leukemia Research Foundation Of Delaware spend its money?
Leukemia Research Foundation Of Delaware reported $533K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leukemia Research Foundation Of Delaware tax-deductible?
Leukemia Research Foundation Of Delaware is registered as a tax-exempt nonprofit (EIN: 261215347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leukemia Research Foundation Of Delaware located?
Leukemia Research Foundation Of Delaware is headquartered in Middletown, Delaware and files with the IRS under EIN 261215347. It is classified under NTEE code H123.
How many years of IRS 990 filings does Leukemia Research Foundation Of Delaware have?
Leukemia Research Foundation Of Delaware has 12 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 $533K in total revenue.
Filing History
IRS 990 filing history for Leukemia Research Foundation Of Delaware showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Leukemia Research Foundation Of Delaware's revenue has declined by 62.6%, moving from $395K to $148K. Total assets increased by 215.6% over the same period, from $583K to $1.8M. Total functional expenses fell by 41.8%, from $358K to $208K. In its most recent filing year (2023), Leukemia Research Foundation Of Delaware reported a deficit of $61K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $208K | $1.8M | $0 | — | View 990 |
| 2022 | $114K | $57K | $1.9M | $0 | — | View 990 |
| 2020 | $429K | $41K | $2.1M | $0 | — | View 990 |
| 2019 | $438K | $527K | $1.7M | $0 | — | View 990 |
| 2018 | $314K | $31K | $1.8M | $0 | — | View 990 |
| 2017 | $373K | $306K | $1.5M | $0 | — | View 990 |
| 2016 | $396K | $301K | $1.4M | $0 | — | View 990 |
| 2015 | $447K | $227K | $1.3M | $0 | — | View 990 |
| 2014 | $471K | $101K | $1.1M | $0 | — | View 990 |
| 2013 | $708K | $507K | $738K | $0 | — | View 990 |
| 2012 | $292K | $338K | $537K | $0 | — | View 990 |
| 2011 | $395K | $358K | $583K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $208K, and assets of $1.8M (revenue +29.3% year-over-year).
- 2022: Revenue of $114K, expenses of $57K, and assets of $1.9M (revenue -73.4% year-over-year).
- 2020: Revenue of $429K, expenses of $41K, and assets of $2.1M (revenue -2.0% year-over-year).
- 2019: Revenue of $438K, expenses of $527K, and assets of $1.7M (revenue +39.4% year-over-year).
- 2018: Revenue of $314K, expenses of $31K, and assets of $1.8M (revenue -15.7% year-over-year).
- 2017: Revenue of $373K, expenses of $306K, and assets of $1.5M (revenue -6.0% year-over-year).
- 2016: Revenue of $396K, expenses of $301K, and assets of $1.4M (revenue -11.3% year-over-year).
- 2015: Revenue of $447K, expenses of $227K, and assets of $1.3M (revenue -5.0% year-over-year).
- 2014: Revenue of $471K, expenses of $101K, and assets of $1.1M (revenue -33.6% year-over-year).
- 2013: Revenue of $708K, expenses of $507K, and assets of $738K (revenue +142.9% year-over-year).
- 2012: Revenue of $292K, expenses of $338K, and assets of $537K (revenue -26.2% year-over-year).
- 2011: Revenue of $395K, expenses of $358K, and assets of $583K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leukemia Research Foundation Of Delaware:
Data Sources and Methodology
This transparency report for Leukemia Research Foundation Of Delaware 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.