Cancer Services Network Inc

Analysis

Cancer Services Network Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Network Inc reported income of $587k and spending of $460k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $587k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cancer Services Network Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include United Way of Eastern New Mexico Inc ($587k), River Fund Inc ($588k) and Walnut Cove Members Association Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.0m against liabilities of $4,499, net assets of $1.0m. It reported 4 employees.