Licr Fund Inc
600 Third Avenue 32nd Floor, New York, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $79,026,554 | $69,041,808 | $1,929,987,983 |
| FY2023 | $34,011,187 | $76,939,694 | $1,800,527,101 |
| FY2022 | $69,314,681 | $83,766,381 | $1,718,256,416 |
| FY2021 | $149,523,718 | $52,183,278 | $2,135,662,588 |
| FY2020 | $86,965,441 | $65,784,291 | $1,945,070,005 |
| FY2019 | $88,046,820 | $60,476,006 | $1,574,376,811 |
| FY2018 | $105,267,283 | $47,852,732 | $1,393,735,647 |
| FY2017 | $72,610,797 | $71,948,436 | $1,480,166,434 |
| FY2016 | $61,359,013 | $61,451,802 | $1,295,868,458 |
| FY2015 | $91,372,545 | $63,854,616 | $1,290,814,090 |
| FY2014 | $96,758,561 | $72,094,087 | $1,305,891,085 |
| FY2013 | $91,531,748 | $73,656,842 | $1,303,145,442 |
| FY2012 | $59,236,149 | $81,226,121 | $1,191,167,380 |
| FY2011 | $70,665,537 | $80,128,100 | $1,113,994,901 |
Form 990 filings
The returns filed by Licr Fund Inc (EIN 13-3573053), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $24,044 | <1% |
| Program service revenue | $0 | 0% |
| Other revenue | $79,002,510 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $61,000,000 | 88% |
| Management & general | $8,041,808 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2024.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2024. That is higher than 55% of 20 Medical Research organizations in NY.
- Net assets covered about 335.4 months of expenses at the end of the reporting year. That puts it in the 92nd percentile among 239 Medical Research organizations in NY.
- Total revenue was higher than 98.8% of 249 Medical Research organizations in NY.
- Total revenue rose from $70,665,537 in FY2011 to $79,026,554 in FY2024. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2011, FY2012, FY2016, FY2022, FY2023).
- The highest revenue on record here is $149,523,718 in FY2021.
- Net assets grew from $1,113,994,901 to $1,929,987,983 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
LICR FUND, INC. IS A SUPPORTING ORGANIZATION OF THE LUDWIG INSTITUTE FOR CANCER RESEARCH LTD.
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H110 — Medical Research (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
Similar organizations
- Parkinsons Foundation Inc — New York, NY · $84,182,191
- Cardiovascular Research Foundation — New York, NY · $68,904,326
- Global Alliance for Tb Drug Development Inc — New York, NY · $63,732,557
- Cancer Research Institute Inc — New York, NY · $35,485,656
- New York Stem Cell Foundation Inc — New York, NY · $25,906,400
- Lupus Research Alliance Inc — New York, NY · $23,701,449
- Research to Prevent Blindness Endowment Fund Inc — New York, NY · $13,097,577
- The Feinstein Institute for Medical Research — Westbury, NY · $163,308,471
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.