West Tenn Regional Blood Center Inc

Analysis

West Tenn Regional Blood Center Inc is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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, West Tenn Regional Blood Center Inc reported income of $9.9m and spending of $9.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $9.9m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Tenn Regional Blood Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include The Arc of Cape May County Inc ($9.9m), National Foundation for Facial Reconstruction ($9.9m) and G M N Tri-County Community Action Committee Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $189k (2.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $13.4m against liabilities of $364k, net assets of $13.0m. It reported 101 employees.