Baruch S Blumberg Institute

Analysis

Baruch S Blumberg Institute is a registered charity in United States, based in Doylestown, PA. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Baruch S Blumberg Institute reported income of $12.8m and spending of $13.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $12.8m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Baruch S Blumberg Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Avera Gettysburg ($12.8m), Ollie Steele Burden Manor Inc ($12.8m) and Penndel Mental Health Center Inc ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $462k (3.5% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $10.5m against liabilities of $5.1m, net assets of $5.4m. It reported 73 employees.

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.