Louisiana Cancer Research Center of Lsu Health Sciences Center in No

Analysis

Louisiana Cancer Research Center of Lsu Health Sciences Center in No is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2003, 23 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, Louisiana Cancer Research Center of Lsu Health Sciences Center in No reported income of $17.2m and spending of $20.8m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.3m to $17.2m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2020, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Louisiana Cancer Research Center of Lsu Health Sciences Center in No sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Planned Parenthood of the Heartland Inc ($17.2m), Sierra Health Care Inc ($17.2m) and Logan Health - Conrad ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $350k (1.7% of expenses). Other salaries and wages came to $803k. At year end it held assets of $130.3m against liabilities of $6.4m, net assets of $123.9m. It reported 18 employees.