Carter Bloodcare Foundation

Analysis

Carter Bloodcare Foundation is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in August 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carter Bloodcare Foundation reported income of $3.3m and spending of $972k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $3.3m (+314%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 29378%. Over the whole period it spent 5.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carter Bloodcare Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Project Transitions Inc ($3.3m), Nami Orange County ($3.3m) and Girl Scouts of Greater South Texas ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $110.1m against liabilities of $0, net assets of $110.1m.