Skin Cancer Foundation Inc
Skin Cancer Foundation maintains strong program spending amidst significant revenue growth.
EIN: 132948778 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.6M |
| Total Expenses | $20.3M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $5.5M |
| Transparency Score | 85/100 |
Is Skin Cancer Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skin Cancer Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skin Cancer Foundation Inc
Skin Cancer Foundation Inc (EIN: 132948778) is a nonprofit organization based in New York, NY. The organization reported total revenue of $21.6M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skin Cancer Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skin Cancer Foundation Inc is a large nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.0M |
| Total Expenses | $20.3M |
| Surplus / Deficit | $-348,353 |
| Total Assets | $8.9M |
| Total Liabilities | $3.4M |
| Net Assets | $5.5M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 38.2% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Skin Cancer Foundation Inc reported a deficit of $348K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 38.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Skin Cancer Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.1% | +29.1% | -4.4% |
| 2022 | +35.3% | +39.4% | +9.5% |
| 2021 | -29.6% | -32.4% | +7.7% |
| 2020 | +48.6% | +37.7% | +5.0% |
| 2019 | +161.9% | +131.8% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1800 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Skin Cancer Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Skin Cancer Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $348K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.2%.
Executive Compensation Analysis
The Skin Cancer Foundation Inc. reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $20 million. This suggests that executive leadership may be compensated through other mechanisms or that the organization relies heavily on volunteer leadership, which could be a strength in terms of resource allocation but also raises questions about the full picture of compensation for key decision-makers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Skin Cancer Foundation Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure the full picture of leadership compensation.
Strengths
The following positive indicators were identified for Skin Cancer Foundation Inc:
- Strong program spending ratio (75% in 2023) indicating mission focus.
- Significant and consistent revenue growth over the past five years, from $10.9M in 2019 to $20.0M in 2023.
- Stable asset base providing financial resilience.
Frequently Asked Questions about Skin Cancer Foundation Inc
Is Skin Cancer Foundation Inc a legitimate charity?
Skin Cancer Foundation Inc (EIN: 132948778) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $21.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Skin Cancer Foundation Inc spend its money?
Skin Cancer Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Skin Cancer Foundation Inc tax-deductible?
Skin Cancer Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132948778). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skin Cancer Foundation Inc CEO make?
Skin Cancer Foundation Inc's highest-compensated officer earns $20 annually. The organization reported $21.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Skin Cancer Foundation Inc's spending goes to programs?
Skin Cancer Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Skin Cancer Foundation Inc located?
Skin Cancer Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 132948778.
How many years of IRS 990 filings does Skin Cancer Foundation Inc have?
Skin Cancer Foundation Inc has 13 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 $21.6M in total revenue.
Is the Skin Cancer Foundation Inc. a good charity?
Based on its high program spending ratio (75% in 2023) and significant revenue growth, the organization appears to be effective in allocating resources towards its mission. The consistent reporting of zero officer compensation, while unusual, could indicate efficient use of funds if leadership is truly volunteer-based or compensated through non-officer roles.
How has the organization's revenue trended over the past five years?
The organization has experienced substantial revenue growth, increasing from $10,945,151 in 2019 to $20,001,007 in 2023, demonstrating increasing public support and financial capacity.
What is the significance of 0% officer compensation?
A 0% officer compensation reported on the 990 is highly unusual for an organization of this size. It could mean that executive roles are filled by volunteers, or that compensation for key personnel is categorized differently (e.g., as program staff or administrative staff) rather than 'officer compensation,' which would require deeper scrutiny for full transparency.
Filing History
IRS 990 filing history for Skin Cancer Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Skin Cancer Foundation Inc's revenue has grown by 230.4%, moving from $6.1M to $20.0M. Total assets increased by 12.2% over the same period, from $8.0M to $8.9M. Total functional expenses rose by 241.3%, from $6.0M to $20.3M. In its most recent filing year (2023), Skin Cancer Foundation Inc reported a deficit of $348K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $8.9M in assets (debt-to-asset ratio: 38.2%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.0M | $20.3M | $8.9M | $3.4M | — | — |
| 2022 | $15.5M | $15.8M | $9.3M | $3.8M | — | View 990 |
| 2021 | $11.4M | $11.3M | $8.5M | $1.3M | — | View 990 |
| 2020 | $16.3M | $16.7M | $7.9M | $1.4M | — | View 990 |
| 2019 | $10.9M | $12.1M | $7.5M | $806K | — | View 990 |
| 2018 | $4.2M | $5.2M | $8.0M | $1.2M | — | View 990 |
| 2017 | $4.4M | $4.6M | $9.6M | $924K | — | — |
| 2016 | $5.9M | $6.1M | $9.2M | $918K | — | View 990 |
| 2015 | $6.8M | $6.5M | $8.9M | $731K | — | View 990 |
| 2014 | $6.7M | $6.4M | $9.4M | $886K | — | View 990 |
| 2013 | $7.2M | $7.1M | $9.2M | $932K | — | View 990 |
| 2012 | $8.0M | $7.3M | $8.5M | $889K | — | View 990 |
| 2011 | $6.1M | $6.0M | $8.0M | $935K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.0M, expenses of $20.3M, and assets of $8.9M (revenue +29.1% year-over-year).
- 2022: Revenue of $15.5M, expenses of $15.8M, and assets of $9.3M (revenue +35.3% year-over-year).
- 2021: Revenue of $11.4M, expenses of $11.3M, and assets of $8.5M (revenue -29.6% year-over-year).
- 2020: Revenue of $16.3M, expenses of $16.7M, and assets of $7.9M (revenue +48.6% year-over-year).
- 2019: Revenue of $10.9M, expenses of $12.1M, and assets of $7.5M (revenue +161.9% year-over-year).
- 2018: Revenue of $4.2M, expenses of $5.2M, and assets of $8.0M (revenue -4.2% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.6M, and assets of $9.6M (revenue -26.7% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.1M, and assets of $9.2M (revenue -12.8% year-over-year).
- 2015: Revenue of $6.8M, expenses of $6.5M, and assets of $8.9M (revenue +2.6% year-over-year).
- 2014: Revenue of $6.7M, expenses of $6.4M, and assets of $9.4M (revenue -7.8% year-over-year).
- 2013: Revenue of $7.2M, expenses of $7.1M, and assets of $9.2M (revenue -10.3% year-over-year).
- 2012: Revenue of $8.0M, expenses of $7.3M, and assets of $8.5M (revenue +32.8% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.0M, and assets of $8.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skin Cancer Foundation Inc:
Data Sources and Methodology
This transparency report for Skin Cancer Foundation 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.