Western New York Bloodcare Inc

Analysis

Western New York Bloodcare Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover health care, 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 December 2023, Western New York Bloodcare Inc reported income of $37.4m and spending of $42.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.2m to $37.4m (+43%), an average of +9.3% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Western New York Bloodcare Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Valley Family Health Care Inc ($37.4m), Peace River Center for Personal Development Inc ($37.4m) and Fair Health Inc ($37.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $894k (2.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $30.3m against liabilities of $3.4m, net assets of $26.9m. It reported 33 employees.