American Cancer Society Inc
- Assets
- $1.8b
- Revenue
- $656.8m
- Investments
- $42.8m
- Employees
- 3,300
- Location
- Atlanta, GA
- Founding
- 11/1942
- Data as of
- 12/2023
- EIN
- 13-1788491
Organization Overview
American Cancer Society Inc is located in Atlanta, GA. The organization was established in 1942. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, American Cancer Society Inc employed 3,300 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Cancer Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Cancer Society Inc generated $656.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $756.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Cancer Society Inc has awarded 3,939 individual grants totaling $1,270,537,169. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
PATIENT SUPPORT: THE AMERICAN CANCER SOCIETY, INC. (ACS) OFFERS PROGRAMS AND SERVICES TO HELP INDIVIDUALS DURING AND AFTER CANCER TREATMENT. WE PROVIDE THE LATEST, EVIDENCE-BASED CANCER INFORMATION AND ARE AVAILABLE 24/7 TO HELP PEOPLE FACING CANCER FIND SERVICES AND RESOURCES, WHETHER THEY WANT TO UNDERSTAND THEIR DIAGNOSIS AND TREATMENT OPTIONS, LEARN HOW TO COPE WITH SIDE EFFECTS, FIND TRANSPORTATION, OR NEED LODGING WHEN TREATMENT IS FAR FROM HOME. WE PROVIDE INFORMATION AND SUPPORT TO PEOPLE WITH CANCER, CAREGIVERS, AND SURVIVORS THROUGH ONLINE COMMUNITIES AND ONE-ON-ONE SUPPORT.
DISCOVERY: ACS LAUNCHES INNOVATIVE, HIGH-IMPACT RESEARCH TO FIND MORE - AND BETTER - TREATMENTS, UNCOVER FACTORS THAT MAY CAUSE CANCER, AND IMPROVE QUALITY OF LIFE FOR PEOPLE FACING CANCER. WE FUND RESEARCH GRANTS AND CONDUCT CANCER RESEARCH STUDIES TO HELP ACCELERATE THE PACE OF PROGRESS. WE CONDUCT EQUITY-FOCUSED RESEARCH TO IDENTIFY AND UNDERSTAND ISSUES RELATED TO CANCER DISPARITIES IN AN EFFORT TO ADVANCE HEALTH EQUITY AMONG ALL COMMUNITIES.
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen E Knudsen PHD Chief Executive Officer | Officer | 55 | $1,293,396 |
Kael Reicin Chief Fin. & Strategy Officer | Officer | 55 | $1,024,247 |
Michael L Neal Chief Of Org. Advancement | Officer | 55 | $830,990 |
Andre C Bokhoor Chief People Officer | 55 | $796,113 | |
William L Dahut Chief Scientific Officer | Officer | 55 | $810,090 |
Timothy B Phillips Chief Legal And Risk Officer | 55 | $588,586 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Manifold Inc App Develop & Consl. | 12/30/23 | $4,223,267 |
Techaspect Solutions Llc Dba Ta Di It/digital Solutions | 12/30/23 | $3,610,696 |
Ge Johnson Construction Company Construction Service | 12/30/23 | $2,822,693 |
Community Counseling Service Co L Consult & Prof Fund. | 12/30/23 | $3,435,390 |
Merkle Inc Fundraising Counsel | 12/30/23 | $2,275,602 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,984,484 |
| Membership dues | $0 |
| Fundraising events | $166,595,495 |
| Related organizations | $2,640,763 |
| Government grants | $4,446,935 |
| All other contributions, gifts, grants, and similar amounts not included above | $467,096,746 |
| Noncash contributions included in lines 1a–1f | $33,528,564 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $642,764,423 |
| Total Program Service Revenue | $258,515 |
| Investment income | $32,028,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,436,250 |
| Net Rental Income | $123,601 |
| Net Gain/Loss on Asset Sales | -$14,202,427 |
| Net Income from Fundraising Events | $2,988,567 |
| Net Income from Gaming Activities | $586,194 |
| Net Income from Sales of Inventory | -$18,232,887 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $656,838,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $189,809,842 |
| Grants and other assistance to domestic individuals. | $3,266,935 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,692,989 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,882,045 |
| Compensation of current officers, directors, key employees. | $812,841 |
| Compensation to disqualified persons | $1,551,037 |
| Other salaries and wages | $239,545,963 |
| Pension plan accruals and contributions | $17,561,074 |
| Other employee benefits | $26,870,034 |
| Payroll taxes | $18,329,097 |
| Fees for services: Management | $2,472,422 |
| Fees for services: Legal | $11,515,638 |
| Fees for services: Accounting | $627,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,816,141 |
| Fees for services: Investment Management | $539,306 |
| Fees for services: Other | $17,968,845 |
| Advertising and promotion | $47,058,334 |
| Office expenses | $25,993,503 |
| Information technology | $49,438,737 |
| Royalties | $0 |
| Occupancy | $30,875,760 |
| Travel | $12,372,762 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,645,829 |
| Interest | $713,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,943,886 |
| Insurance | $3,404,474 |
| All other expenses | $1,597,788 |
| Total functional expenses | $756,272,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,244,598 |
| Pledges and grants receivable | $93,073,054 |
| Accounts receivable, net | $5,685,014 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,133,678 |
| Prepaid expenses and deferred charges | $12,893,160 |
| Net Land, buildings, and equipment | $231,882,350 |
| Investments—publicly traded securities | $872,484,154 |
| Investments—other securities | $42,844,699 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500,435,333 |
| Total assets | $1,809,676,040 |
| Accounts payable and accrued expenses | $186,883,950 |
| Grants payable | $250,975,867 |
| Deferred revenue | $4,428,943 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $23,608,169 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,414,351 |
| Total liabilities | $531,311,280 |
| Net assets without donor restrictions | $527,258,622 |
| Net assets with donor restrictions | $751,106,138 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,809,676,040 |
Grants Awarded
Over the last fiscal year, American Cancer Society Inc has awarded $189,090,300 in support to 687 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN METHODIST EPISCOPAL CHURCH PURPOSE: Patient Support | $15,000 |
ABOVE AND BEYOND CANCER PURPOSE: Patient Support | $20,000 |
ABRAMSON CANCER CTR AT PENNSYLVANIA HOSP PURPOSE: Patient Support | $15,000 |
ACCESSARAB COMMUNITY CTR FOR ECONOMIC PURPOSE: Patient Support | $20,000 |
ADELANTE HEALTHCARE INC PURPOSE: Patient Support | $30,000 |
ADULT AND CHILD MENTAL HEALTH CENTER PURPOSE: Patient Support | $6,375 |