We Are Blood

Analysis

We Are Blood is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2022, We Are Blood reported income of $55.5m and spending of $54.3m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $51.9m to $55.5m (+6.9%), an average of +2.2% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, We Are Blood sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Central Oklahoma Family Medical Center Inc ($55.5m), Franciscan Care Services Inc ($55.5m) and Kentucky River Community Care Inc ($55.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.6m (2.9% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $58.9m against liabilities of $28.9m, net assets of $30.0m. It reported 272 employees.