Community Blood Bank of Erie County

Analysis

Community Blood Bank of Erie County is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in December 1967, 59 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 (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 2023, Community Blood Bank of Erie County reported income of $7.5m and spending of $7.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $7.5m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Community Blood Bank of Erie County 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 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Eagle Ranch Inc ($7.5m), Emergency Transport Associates Inc ($7.5m) and Devereux Cleo Wallace ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $4.9m against liabilities of $456k, net assets of $4.4m. It reported 55 employees.