Siouxland Regional Cancer Center

Analysis

Siouxland Regional Cancer Center is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in March 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Siouxland Regional Cancer Center reported income of $68.9m and spending of $70.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.5m to $68.9m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Siouxland Regional Cancer Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Brooks-Tlc Hospital System Inc ($68.9m), Prairie du Chien Memorial Hospital Association Inc ($69.0m) and Valley Home Care Inc ($68.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $261k (0.4% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $23.6m against liabilities of $8.7m, net assets of $14.8m. It reported 143 employees.