Western New York Bloodcare Foundation Inc

Analysis

Western New York Bloodcare Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western New York Bloodcare Foundation Inc reported income of $14.7m and spending of $209k, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $606k to $14.7m (+2333%), an average of +122% a year. The sharpest change came in the year to December 2020, when income rose by 1548%. Over the whole period it spent 6.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Western New York Bloodcare Foundation Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Horizon House Inc ($14.7m), Friends of Indus Hospital Inc ($14.7m) and Suburban-Nrh Medical Rehabilitation Inc ($14.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $30.7m against liabilities of $250k, net assets of $30.5m.