Oncology Massage Center Inc

Analysis

Oncology Massage Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Oncology Massage Center Inc reported income of $111k and spending of $143k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $111k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oncology Massage Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Mission Zero Hours NFP ($111k), Crockett Residential Development Corporation ($111k) and Center for Eye Research Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. At year end it held assets of $7,745 against liabilities of $50k, net assets of -$42k.