Cancer Services Inc

Analysis

Cancer Services Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1972, 54 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, Cancer Services Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.2m (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Services Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Northland Therapeutic Riding Center ($1.2m), Lifegate Counseling Center at Peachtree Inc ($1.2m) and High Quality Medical Education ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $178k (14% of expenses). Other salaries and wages came to $562k. At year end it held assets of $4.2m against liabilities of $16k, net assets of $4.2m. It reported 15 employees.