Cancer Support Community South Bay

Analysis

Cancer Support Community South Bay is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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 Support Community South Bay reported income of $2.0m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 222%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cancer Support Community South Bay sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Vision Loss Alliance of New Jersey Inc ($2.0m), Southern Evangelical Seminary Inc ($2.0m) and Laona Rescue Unit Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $219k (15% of expenses). Other salaries and wages came to $616k. At year end it held assets of $10.5m against liabilities of $695k, net assets of $9.8m. It reported 25 employees.