Huntsman Cancer Foundation
500 S Huntsman Way, Salt Lake Cty, UT · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $51,876,352 | $49,965,188 | $74,652,005 |
| FY2023 | $27,370,494 | $51,373,375 | $96,607,833 |
| FY2022 | $19,541,609 | $97,811,195 | $125,029,427 |
| FY2021 | $34,840,690 | $44,327,493 | $231,717,569 |
| FY2020 | $25,314,719 | $144,884,362 | $208,176,023 |
| FY2019 | $57,273,253 | $28,993,046 | $308,211,194 |
| FY2018 | $135,595,366 | $17,392,120 | $265,802,254 |
| FY2017 | $31,880,023 | $11,293,954 | $198,397,287 |
| FY2016 | $16,569,295 | $9,636,744 | $143,849,725 |
| FY2015 | $23,729,592 | $19,064,804 | $106,880,139 |
| FY2014 | $19,737,914 | $15,911,461 | $146,802,819 |
| FY2013 | $47,051,117 | $9,019,199 | $149,373,634 |
| FY2012 | $8,928,244 | $15,325,180 | $79,527,645 |
| FY2011 | $8,974,467 | $4,556,248 | $63,692,472 |
Form 990 filings
The returns filed by Huntsman Cancer Foundation (EIN 87-0541293), 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 | $43,760,450 | 84% |
| Program service revenue | $0 | 0% |
| Other revenue | $8,115,902 | 16% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $42,635,522 | 85% |
| Management & general | $1,324,415 | 3% |
| Fundraising | $6,005,251 | 12% |
What the numbers show
- Contributions & grants made up 84% of total revenue in FY2024.
- Program services accounted for 85% of functional expenses, management & general 3%, and fundraising 12%.
- 85% of functional expenses went to program services in FY2024. That is higher than 57.3% of 157 Medical Research organizations nationwide (too few in UT for a state comparison).
- Net assets covered about 17.9 months of expenses at the end of the reporting year. That puts it in the 50th percentile among 2562 Medical Research organizations nationwide (too few in UT for a state comparison).
- Total revenue was higher than 98.2% of 2633 Medical Research organizations nationwide (too few in UT for a state comparison).
- Total revenue rose from $8,974,467 in FY2011 to $51,876,352 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2020, FY2021, FY2022, FY2023).
- The highest revenue on record here is $135,595,366 in FY2018.
- Net assets grew from $63,692,472 to $74,652,005 between FY2011 and FY2024.
- Contributions and grants made up 59% of revenue in FY2011 and 84% in 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
SUPPORTING ACTIVITIES OF THE HEALTH SCIENCES CENTER OF THE UNIVERSITY OF UTAH
IRS status
| Ruling year | 1995 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H110 — Medical Research |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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.