Andrew McDonough B Positive Foundation

Analysis

Andrew McDonough B Positive Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2023, Andrew McDonough B Positive Foundation reported income of $9.3m and spending of $9.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $9.3m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Andrew McDonough B Positive Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within DE. Charities of a similar size with the same main cause include Recovery Resources Dba 407- Recovery Resources ($9.3m), Southern Indiana Community Health Care ($9.3m) and Lake Sunapee Home Care and Hospice ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $225k (2.4% of expenses). Other salaries and wages came to $597k. At year end it held assets of $6.1m against liabilities of $442k, net assets of $5.7m. It reported 12 employees.