Society for Immunotherapy of Cancer Inc

Analysis

Society for Immunotherapy of Cancer Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1993, 33 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 December 2023, Society for Immunotherapy of Cancer Inc reported income of $15.2m and spending of $15.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.9m to $15.2m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Immunotherapy of Cancer Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Sitting Bull College ($15.2m), Catholic Charities of the Diocese of Fall River Massachusetts Inc ($15.2m) and New Horizons Rehabilitation Services Inc ($15.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $15k (0.1% of expenses). At year end it held assets of $22.5m against liabilities of $1.5m, net assets of $21.0m.