ILLINOIS CANCERCARE FOUNDATION
Mission Statement
The Illinois CancerCare Foundation is committed to funding Research, Education and Awareness of a disease which affects 1 in 3 people. As we fight to find a cure through nationally recognized research initiatives, it is our strong belief that our patients must have available to them every possible weapon in their battle. The physicians at Illinois CancerCare cannot and will not stop working towards finding better treatments, therapies and ultimately hope for a cure. The clinical research trial participation that is currently being done by the physicians of Illinois CancerCare ranks top 10 in the nation. We must work towards adding additional patients into these trials if we want to have better treatments, advanced therapies and ultimately the hope for a cure.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.1% | 83.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 11.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
14.2% | 0.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
49.2 mo | 12.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.6% | 0.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
102.5% | 95.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
52.1% | 9.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
30.9% | 14.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
49.5% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.5M | $732K | $3.0M | 80.1% | 0 |
| 2022 | $954K | $560K | $2.3M | 76.0% | 0 |
| 2021 | $901K | $587K | N/A | — | 0 |
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