Minnesota Ovarian Cancer Alliance Inc

Analysis

Minnesota Ovarian Cancer Alliance Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2000, 26 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, Minnesota Ovarian Cancer Alliance Inc reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Minnesota Ovarian Cancer Alliance Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Long-Term Care Foundation ($1.6m), Tuscarawas Valley Regional Cancer Center ($1.6m) and Urban Minority Alcoholism & Drug Abuse Outreach Program of Cincinna ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $156k (11% of expenses). Other salaries and wages came to $308k. At year end it held assets of $1.6m against liabilities of $392k, net assets of $1.2m. It reported 9 employees.