Oneida Health Roswell Park Oncology LLC

Analysis

Oneida Health Roswell Park Oncology LLC is a registered charity in United States, based in Oneida, NY. It received its IRS tax-exemption ruling in December 2021, 5 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oneida Health Roswell Park Oncology LLC reported income of $1.5m and spending of $3.0m, spending 197% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $1.5m (+274%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 198% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oneida Health Roswell Park Oncology LLC sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Loxahatchee River Historical Society Inc ($1.5m), Hillel the Foundation for Jewish Campus Life ($1.5m) and Bowman County Job Development Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $6.3m against liabilities of $7.2m, net assets of -$920k.

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.