Ut Southwestern Moncrief Cancer Center

Analysis

Ut Southwestern Moncrief Cancer Center is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 1996, 30 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ut Southwestern Moncrief Cancer Center reported income of $12.3m and spending of $13.2m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $12.5m to $12.3m (-1.2%), an average of -0.3% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ut Southwestern Moncrief Cancer Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Bridges Medical Center ($12.3m), National Minority AIDS Council Dba AIDS Programs of the National ($12.3m) and The Childrens Hospital of Buffalo Foundation ($12.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $38.5m against liabilities of $9.1m, net assets of $29.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.