Lamoille Area Cancer Network Inc

Analysis

Lamoille Area Cancer Network Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2021, Lamoille Area Cancer Network Inc reported income of $208k and spending of $138k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $316k to $208k (-34%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lamoille Area Cancer Network Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 46th percentile within VT. Charities of a similar size with the same main cause include American Academy of Healthcare Interior Designers ($208k), Hepatitis C Mentor and Support Group Inc ($208k) and Ruthlyn Aitcheson Corp ($208k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $458k against liabilities of $0, net assets of $458k.