South Central Association of Blood Banks

Analysis

South Central Association of Blood Banks is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1953, 73 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 2024, South Central Association of Blood Banks reported income of $193k and spending of $299k, spending 155% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income fell from $208k to $193k (-7.3%), an average of -2.5% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Central Association of Blood Banks sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within KY. Charities of a similar size with the same main cause include American Society for Dental Aesthetics Inc ($193k), Stevenson Dental Foundation ($193k) and Charlotte House Inc ($193k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 65% of the total. At year end it held assets of $119k against liabilities of $118k, net assets of $1,175.