Florida Society of Clinical Oncology Inc

Analysis

Florida Society of Clinical Oncology Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in February 1984, 42 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, Florida Society of Clinical Oncology Inc reported income of $2.8m and spending of $2.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.8m (+110%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Florida Society of Clinical Oncology Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Equiventure Day Program Inc ($2.8m), National Foundation for Autism Research ($2.8m) and Blue Water Mental Health Clinic ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $174k (8.6% of expenses). Other salaries and wages came to $299k. At year end it held assets of $4.5m against liabilities of $20k, net assets of $4.5m. It reported 7 employees.