California Oncology Research Institute Inc

Analysis

California Oncology Research Institute Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 2009, 17 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, California Oncology Research Institute Inc reported income of $1.7m and spending of $355k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $1.7m (+547%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 466%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, California Oncology Research Institute Inc 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 85th percentile within CA. Charities of a similar size with the same main cause include St Lukes Health Resources ($1.7m), North Central Health Foundation Inc ($1.7m) and Dui Counterattack Hillsborough Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.