South Texas Blood & Tissue Center

Analysis

South Texas Blood & Tissue Center is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 1975, 51 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, South Texas Blood & Tissue Center reported income of $79.8m and spending of $82.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $48.3m to $79.8m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Texas Blood & Tissue Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Powell Valley Health Care Inc ($79.7m), Geisinger-Bloomsburg Hospital ($79.9m) and Cooperative Healthcare Services Inc ($79.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $643k (0.8% of expenses). Other salaries and wages came to $20.8m. At year end it held assets of $44.7m against liabilities of $53.1m, net assets of -$8.3m. It reported 438 employees.