Harold Leever Regional Cancer Center Inc

Analysis

Harold Leever Regional Cancer Center Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Harold Leever Regional Cancer Center Inc reported income of $11.3m and spending of $9.2m, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.7m to $11.3m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harold Leever Regional Cancer Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Uconnectcare Inc ($11.3m), Walnut Street Community Health Center Inc ($11.3m) and Lourdes Inc ($11.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $424k (4.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $22.4m against liabilities of $1.1m, net assets of $21.3m. It reported 36 employees.