Wood Hudson Cancer Research Laboratory Inc

Organization Overview

Wood Hudson Cancer Research Laboratory Inc is located in Newport, KY. The organization was established in 1981. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Wood Hudson Cancer Research Laboratory Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood Hudson Cancer Research Laboratory Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Wood Hudson Cancer Research Laboratory Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $528.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RESEARCH INSTITUTE DEDICATED TO THE DISCOVERY OF NEW KNOWLEDGE REGARDING THE CAUSES, DIAGNOSIS, TREATMENT, AND PREVENTION OF CANCER. ALL DISCOVERIES RESULTING FROM ONGOING RESEARCH ARE FREELY GIVEN TO THE SCIENTIFIC AND MEDICAL COMMUNITY THROUGH PROMPTLY REPORTED PEER REVIEWED PUBLICATIONS. WOOD HUDSON APPROACHES THE CANCER PROBLEM THREE WAYS:1) STUDY OF CLINICAL CASES AND EXPERIMENTAL MODELS OF CANCER TO LEARN NEW METHODS OF CANCER PREVENTION, DIAGNOSIS, PROGNOSIS, AND TREATMENT;2) STUDY OF ENVIRONMENTAL CAUSES OF CANCER, PARTICULARLY FOOD AND DRINKING WATER CHEMICALS;3) AND PROVISION OF TRAINING AND "HANDS-ON" RESEARCH EXPERIENCE FOR TOMORROW'S SCIENTISTS AND PHYSICIANS THROUGH ITS UNDERGRADUATE RESEARCH EDUCATION PROGRAM

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE STUDY OF CLINICAL CASES OF CANCER FOR NEW DIAGNOSIS AND TREATMENT OF TUMORS, EVALUATION OF CANCER INDUCING EFFECT OF POLLUTANTS, AND EDUCATION OF RESEARCH TECHNIQUES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,039,498
Noncash contributions included in lines 1a–1f $1,673,740
Total Revenue from Contributions, Gifts, Grants & Similar$2,039,498
Total Program Service Revenue$0
Investment income $8,399
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $56,544
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $16,934
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,121,375

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