Louisiana Oncology Society

Analysis

Louisiana Oncology Society is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Louisiana Oncology Society reported income of $299k and spending of $251k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $299k (+40%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Oncology Society 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 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include National Minority Health Association ($299k), Buxton Childrens Center Incorporated ($299k) and White Oak Land Conservation Society Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $458k against liabilities of $62k, net assets of $396k.