Society for Translational Oncology Inc

Analysis

Society for Translational Oncology Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Society for Translational Oncology Inc reported income of $467k and spending of $723k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $467k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 313%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Translational Oncology Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Hope for Soky ($467k), Scotland Family Counseling Center Inc ($467k) and Coles Victory Lap ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.5m against liabilities of $119k, net assets of $1.4m. It reported 3 employees.