Community Blood Center Inc

Analysis

Community Blood Center Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in July 1957, 69 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, Community Blood Center Inc reported income of $22.6m and spending of $23.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.8m to $22.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 105% 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 Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include University Extended Care Inc ($22.6m), The Southeastern Council on Alcoholism and Drug Dependence Inc ($22.6m) and Primary Care Coalition of Montgomery County MD Inc ($22.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.3m (5.7% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $29.8m against liabilities of $4.4m, net assets of $25.4m. It reported 282 employees.