Hemophilia and Bleeding Disordersof Alabama

Analysis

Hemophilia and Bleeding Disordersof Alabama is a registered charity in United States, based in Eclectic, AL. It received its IRS tax-exemption ruling in May 2006, 20 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 (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, Hemophilia and Bleeding Disordersof Alabama reported income of $298k and spending of $306k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $298k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hemophilia and Bleeding Disordersof Alabama sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Friends of the Rich Center for Autism ($298k), Ons Foundation for Clinical Research and Education Inc ($298k) and Bayside Historical Society ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $84k (28% of expenses). Other salaries and wages came to $30k. At year end it held assets of $64k against liabilities of $4,243, net assets of $60k. It reported 2 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.