Iowa Oncology Research Association

Analysis

Iowa Oncology Research Association is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 July 2023, Iowa Oncology Research Association reported income of $1.7m and spending of $1.8m, spending 103% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.4m to $1.7m (+24%), an average of +7.3% a year. The sharpest change came in the year to July 2023, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iowa Oncology Research Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Madison County Council on Alcoholism and Substance Abuse Inc ($1.7m), Cervical Spine Research Society Inc ($1.7m) and Covey Inc ($1.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $759k. At year end it held assets of $583k against liabilities of $38k, net assets of $545k. It reported 13 employees.