National Bleeding Disorders Foundation

Analysis

National Bleeding Disorders Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1954, 72 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, National Bleeding Disorders Foundation reported income of $19.0m and spending of $23.1m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $27.3m to $19.0m (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Bleeding Disorders Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include LA Familia Medical Center ($19.0m), Central Clinic Inc ($19.1m) and Mountain Projects Inc ($19.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $1.3m (5.4% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $33.5m against liabilities of $3.8m, net assets of $29.7m. It reported 117 employees.