Massachusetts Society of Clinical Onocologists Inc

Analysis

Massachusetts Society of Clinical Onocologists Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Massachusetts Society of Clinical Onocologists Inc reported income of $378k and spending of $197k, leaving 48% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $219k to $378k (+73%), an average of +12% a year. The sharpest change came in the year to March 2022, when income rose by 58%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Society of Clinical Onocologists Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Telecom4good ($378k), San Francisco Choral Society ($378k) and Wildbird Recovery Inc ($378k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.