The Institute For Cancer Research
The Institute For Cancer Research reported $94.5 million in revenue and $104.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.19 went to program services, $27.82 to management and general costs and $2.99 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 54.1% of the total. The highest compensation it reported for one person was $2,136,271 (Director). 116 people received more than $100,000 in reportable compensation. Revenue rose 12% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $104MFor context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $95MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.2% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 27.8% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.0% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 45.1% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 54.1% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $2,136,271 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.05% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 116 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 13 of 15 | 93.8% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Institute for Cancer Research and its Research programs are renowned world-wide for their work in understanding both normal and abnormal cell growth. Scientists are involved in studies of genes that cause or inhibit cancer growth, virology, immunology, chemical carcinogens, cell growth and interaction and gene expression. In recent years, research has increasingly emphasized molecular oncology and genetics, areas which bridge advancing knowledge from the laboratory with new clinical approaches
The research facilities have been structured to fulfill the needs of the multi-disciplinary research programs at Fox Chase Cancer Center. The facilities have been designed to enhance ongoing research by supplying information, reagents, and technical expertise that are not readily available to the individual investigator
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Director Director/trustee, 1.00 hrs/week | $0 | $2,094,243 | $42,028 | $2,136,271 |
| President & CEO Officer, 1.00 hrs/week | $0 | $1,509,681 | $72,823 | $1,582,504 |
| Director Director/trustee, 1.00 hrs/week | $0 | $1,160,000 | $55,526 | $1,215,526 |
| Cancer Center Director Key employee, 49.00 hrs/week | $858,027 | $0 | $69,278 | $927,305 |
| Asst Secretary Officer, 1.00 hrs/week | $0 | $840,578 | $50,704 | $891,282 |
| Chief Scientific Officer Key employee, 50.00 hrs/week | $624,172 | $0 | $67,129 | $691,301 |
| Professor Highest compensated employee, 50.00 hrs/week | $491,320 | $0 | $66,529 | $557,849 |
| Professor Highest compensated employee, 50.00 hrs/week | $493,347 | $0 | $58,446 | $551,793 |
116 people received more than $100,000 in reportable compensation from The Institute For Cancer Research (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5776
- Volunteers Part I, line 613
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| American Oncologic Hospital Purchased Services | $6,600,143 |
| Temple University Health System Purchased Services | $3,678,781 |
| Stericycle Inc Purchased Services | $890,473 |
| Pharmaron Inc Purchased Services | $505,069 |
| JAN PRO of Philadelphia Purchased Services | $349,786 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Private foundation grants it received
7 private foundations reported grants to The Institute For Cancer Research totaling $80,536 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Institute For Cancer Research's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Institute For Cancer Research, you can publish a response that is linked from this page.
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Of every $100 The Institute For Cancer Research spent in FY2025, $69.19 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Gog FoundationEdgewater, MD · revenue $92M · programs 99.7% · 2025
- Lundquist Institute for Biomedical Innovation at Harbor-Ucla Medical CenterTorrance, CA · revenue $95M · programs 69.6% · FY2025
- Baylor Research InstituteDallas, TX · revenue $89M · programs 88.0% · FY2025
- Chan Zuckerberg BiohubSan Francisco, CA · revenue $100M · programs 85.3% · 2024
- The Morgridge Institute FoundationMadison, WI · revenue $85M · programs 90.8% · FY2025
All medical research charities · Largest charities in Pennsylvania
Questions people ask
How much of The Institute For Cancer Research's spending goes to programs?
In the fiscal year ending June 30, 2025, The Institute For Cancer Research reported that 69.2% of its $104.4 million in expenses went to program services, 27.8% to management and general and 3.0% to fundraising (Form 990, Part IX).
How much does The Institute For Cancer Research pay its top executive?
The largest total compensation The Institute For Cancer Research reported for one person in the fiscal year ending June 30, 2025 was $2,136,271, for the role of Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Institute For Cancer Research get its money?
Of $94.5 million in revenue in the fiscal year ending June 30, 2025, 45.1% came from contributions and grants and 54.1% from program service revenue (Form 990, Part VIII).
Is The Institute For Cancer Research a registered charity?
The IRS lists EIN 23-6296135 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621289349303512 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511299349302651 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411309349304056 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349300137 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349309803 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131319349302258 · read the filing
All filings for EIN 23-6296135: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.