Great Lakes Hemophilia Foundation Inc

Analysis

Great Lakes Hemophilia Foundation Inc is a registered charity in United States, based in Elm Grove, WI. It received its IRS tax-exemption ruling in May 1994, 32 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 September 2023, Great Lakes Hemophilia Foundation Inc reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.6m (-0.6%), an average of -0.1% a year. The sharpest change came in the year to September 2020, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Lakes Hemophilia Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Quest Academy Inc ($1.6m), Acorn School ($1.6m) and Blindness Support Services ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $173k (11% of expenses). Other salaries and wages came to $301k. At year end it held assets of $2.5m against liabilities of $252k, net assets of $2.2m. It reported 7 employees.