Lifestream Blood Bank

Analysis

Lifestream Blood Bank is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in October 2015, 11 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, Lifestream Blood Bank reported income of $66.4m and spending of $60.8m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $64.6m to $66.4m (+2.8%), an average of +0.9% a year. 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, Lifestream Blood Bank sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include St John Broken Arrow Inc ($66.4m), Aurora Comprehensive Community Mental Health Center Inc ($66.5m) and Grace Community Health Center Inc ($66.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $751k (1.2% of expenses). Other salaries and wages came to $24.3m. At year end it held assets of $47.1m against liabilities of $14.6m, net assets of $32.5m. It reported 573 employees.