Radiation Oncology Accelerated Research

Analysis

Radiation Oncology Accelerated Research is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in October 2014, 12 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 April 2023, Radiation Oncology Accelerated Research reported income of $414k and spending of $693k, spending 168% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $294k to $414k (+41%), an average of +8.9% a year. The sharpest change came in the year to April 2022, when income rose by 1280%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Radiation Oncology Accelerated Research sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Hope 4 Utah ($413k), Care to Share Smile ($414k) and Ridge Health Services Inc ($413k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.