Southern Nevada Cancer Research Foundation Inc

Analysis

Southern Nevada Cancer Research Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 1984, 42 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 May 2023, Southern Nevada Cancer Research Foundation Inc reported income of $2.4m and spending of $2.5m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $2.4m (+91%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 36%. 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, Southern Nevada Cancer Research Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include House of Ruth Inc ($2.4m), Santiam Hospital and Clinics Foundation ($2.4m) and Best Care Family and Wellness Center Inc ($2.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $140k (5.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $762k, net assets of $1.0m. It reported 34 employees.