Hemophilia Association of the Capital Area

Analysis

Hemophilia Association of the Capital Area is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Hemophilia Association of the Capital Area reported income of $293k and spending of $245k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $303k to $293k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hemophilia Association of the Capital Area sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Meraki Guardianship Services ($293k), Recovery Community Foundation of Forsyth Inc ($293k) and Aonl Foundation for Nursing Leadership Research and Education ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 3.4% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.0m against liabilities of $107k, net assets of $927k. It reported 2 employees.