Sickle Cell-Thalassemia Patients Networks Inc

Analysis

Sickle Cell-Thalassemia Patients Networks Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 March 2023, Sickle Cell-Thalassemia Patients Networks Inc reported income of $421k and spending of $484k, spending 115% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $227k to $421k (+86%), an average of +23% a year. The sharpest change came in the year to March 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sickle Cell-Thalassemia Patients Networks Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Lifeline Productions Inc ($421k), Sullivan Catskills Regional Food Hub Inc ($421k) and Safe Haven Medical Outreach Program Inc ($421k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $46k against liabilities of $3,272, net assets of $42k. It reported 12 employees.