Dana Farber Cancer Institute: $3.4B Revenue, $2.3B Program Expenses
Boston, Massachusetts · EIN 042263040 · Filing year 2023
Dana Farber Cancer Institute reported $3.4B in total revenue, $3.0B in total expenses, and $4.7B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($2.3B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (87/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $3.4B
- Total Expenses
- $3.0B
- Program Expenses
- $2.3B
- Program Expense Ratio
- 78.0%
- Total Assets
- $4.7B
- Reserve Months
- 18.9 months
- EIN
- 042263040
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
On the LakeQuality nonprofit efficiency rubric, Dana Farber Cancer Institute pulls an A — the highest available grade. The 87/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.
Dana Farber Cancer Institute operates at corporate scale — $3.4B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). Dana Farber Cancer Institute directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue trajectory is strongly positive: Dana Farber Cancer Institute has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Dana Farber Cancer Institute is in the Medical Research category — public-affairs, civic, and research-policy organizations. The sector includes think tanks, advocacy organizations, and policy-research nonprofits.
How Dana Farber Cancer Institute Compares
Dana Farber Cancer Institute directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 87/100 is 6 points above the Medical Research category average. The organization holds 18.9 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Dana Farber Cancer Institute, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Dana Farber Cancer Institute has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Dana Farber Cancer Institute, Donor FAQ
Dana Farber Cancer Institute has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Dana Farber Cancer Institute is not reported in the most recent IRS 990 filing on file.
Dana Farber Cancer Institute reported $3.4B in annual revenue and $3.0B in total expenses for filing year 2023. The organization holds $4.7B in total assets.
For every dollar donated to Dana Farber Cancer Institute, approximately 78.0 cents goes to program activities. The organization has 18.9 months of operating reserves, providing financial stability to sustain its mission.
Dana Farber Cancer Institute is a registered 501(c) organization with EIN 042263040, based in Boston, Massachusetts. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Medical Research Nonprofits
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.