Laredo Cancer Society

Analysis

Laredo Cancer Society is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in October 2015, 11 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 (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, Laredo Cancer Society reported income of $96k and spending of $59k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $96k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Laredo Cancer Society sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Texas County Memorial Hospital Healthcare Foundation ($96k), Growth and Healing Hub ($96k) and Garden Grove Alano ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.