Hawaii Cord Blood Bank

Analysis

Hawaii Cord Blood Bank is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hawaii Cord Blood Bank reported income of $613k and spending of $513k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $352k to $613k (+74%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hawaii Cord Blood Bank sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within HI. Charities of a similar size with the same main cause include Cancer Support Community of the Greater Lehigh Valley ($613k), Justice and Recovery Advocates Inc ($613k) and International Brain Research Foundation Inc ($613k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 58% of the total. Other salaries and wages came to $234k. At year end it held assets of $5.4m against liabilities of $4,330, net assets of $5.4m. It reported 3 employees.