Western Kentucky Regional Blood Center Inc

Analysis

Western Kentucky Regional Blood Center Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in September 1979, 47 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 June 2023, Western Kentucky Regional Blood Center Inc reported income of $3.6m and spending of $3.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.1m to $3.6m (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Western Kentucky Regional Blood Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include First Coast Womens Services ($3.6m), Midland Center for Independent Living ($3.6m) and Mt Washington Fire Protection District Ems Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.5m against liabilities of $191k, net assets of $3.3m. It reported 32 employees.