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Cancer Services of Davidson County Inc

RegisteredEIN 56-1974878Lexington, NCPoverty relief
Income$373k2023-12
Spending$227ksame year
Spent / received88%5-year average
Size in its cause60th pctPoverty relief
Exempt since1997Publicly supported organisat
Employees3latest return

Analysis

Cancer Services of Davidson County Inc is a registered charity in United States, based in Lexington, NC. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of Davidson County Inc reported income of $373k and spending of $227k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $373k (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cancer Services of Davidson County Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Specially Adapted Resource Club ($373k), Christian Resource Center Inc ($373k) and Express Immigration Services ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $73k (32% of expenses). At year end it held assets of $337k against liabilities of $8,880, net assets of $328k. It reported 3 employees.

Income and spending

$0$93k$186k$280k$373k2019 Income: $207,5592019 Spending: $212,16620192020 Income: $183,2802020 Spending: $187,45120202021 Income: $228,0352021 Spending: $204,65520212022 Income: $204,7412022 Spending: $221,81120222023 Income: $372,7602023 Spending: $227,1452023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 6.2%

Similar-sized charities, same cause

CharityLocationIncome
Specially Adapted Resource ClubReston$373k
Christian Resource Center IncRockport$373k
Express Immigration ServicesWoodland HLS$373k
Ossining Padres Hispanos IncOssining$373k