Blalock Foundation

Analysis

Blalock Foundation is a registered charity in United States, based in Woodland Hills, CA. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 July 2023, Blalock Foundation reported income of $199k and spending of $397k, spending 199% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income fell from $295k to $199k (-33%), an average of -12% a year. The sharpest change came in the year to July 2021, when income rose by 97%. 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, Blalock Foundation 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 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Mississippi Oncology Society Inc ($199k), Aaa Life Services ($199k) and R3 a Faith Based Recovery Addiction Recovery Program ($199k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.