Georgia Center for Oncology Research and Education Inc

Analysis

Georgia Center for Oncology Research and Education Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Georgia Center for Oncology Research and Education Inc reported income of $3.9m and spending of $3.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.3m to $3.9m (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 142%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Georgia Center for Oncology Research and Education Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include 3rd Circle Inc ($3.9m), Mansfield-Urban Minority Alcoholism ($3.9m) and Luv Michael Homes Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $529k (16% of expenses). Other salaries and wages came to $726k. At year end it held assets of $2.7m against liabilities of $629k, net assets of $2.1m.