Rio Grande Cancer Foundation

Analysis

Rio Grande Cancer Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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 December 2023, Rio Grande Cancer Foundation reported income of $895k and spending of $993k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $779k to $895k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rio Grande Cancer Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Assoc for Research on Nonprofit Organizations & Voluntary Actions ($895k), Challenge Discovery Projects Inc ($895k) and F C Portland Soccer Academy ($895k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $99k (10.0% of expenses). Other salaries and wages came to $242k. At year end it held assets of $14.0m against liabilities of $143k, net assets of $13.9m. It reported 5 employees.