Bleeding Disorders Association of Northeastern Ny Inc

Analysis

Bleeding Disorders Association of Northeastern Ny Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2024, Bleeding Disorders Association of Northeastern Ny Inc reported income of $89k and spending of $127k, spending 142% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $74k to $89k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bleeding Disorders Association of Northeastern Ny Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Jasper County Tri Community Volunteer Fire Department Inc ($89k), Greenville Choral Society & New Carolina Sinfonia ($89k) and Soli Deo Gloria International Inc ($89k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 60% of the total. Other salaries and wages came to $79k. At year end it held assets of $151k against liabilities of $465, net assets of $150k. It reported 3 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.