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Washington Institute for Coagulation

Also known as Washington Center for Bleeding Disorders

Seattle, WA · EIN 83-2302258 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Washington Institute for Coagulation reported $112.7 million in revenue and $101.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $97.53 went to program services, $2.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.3% of the total. The highest compensation it reported for one person was $368,948 (EXECUTIVE/MEDICAL DIRECTOR). 16 people received more than $100,000 in reportable compensation. Revenue rose 383% between 2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $102M

For context, the median across 314 covered diseases, disorders & medical disciplines charities: $88.73 programs, $10.89 management, $0.38 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $113M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 314 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
97.5%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
2.5%10.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.4%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%24.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.6%
Program service revenue share
Part VIII 2g ÷ 12
98.3%59.5%
Highest reported compensation
Part VII-A, columns D–F
$368,948$391,657
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.36%1.45%
People paid over $100,000
Part VII, line 2
1610
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.77.6
Independent voting board members
Part VI 1a–1b
6 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.4M expenses · 8.5% of program spending · revenue $398K

Clinical services: as a recognized hemophilia treatment center and acenter of excellence, we are committed to the wellbeing of patientswith an inherited bleeding disorder across the state of washington,neighboring states, and alaska. We are dedicated to refined diagnosisand assessment, secure access to therapies and comprehensivetreatment planning and readily available consultation. We strive tofoster our patients' autonomy to safely care for their disorder andcause minimal disruption to their lives. A multidisciplinary team ofhealth-care professionals addresses concerns including…

$91M expenses · 91.5% of program spending · revenue $110M

Pharmacy services: as an integral part of our comprehensive caremodel, our pharmacy provides blood clotting factor products topatients and hospital providers throughout the state of washingtonand parts of alaska, montana, and idaho. Pharmacy services at thewashington center for bleeding disorders (wacbd) has two primarycomponents, a licensed hemophilia specialty pharmacy, and a licensedpharmaceutical wholesaler. The hemophilia specialty pharmacysupports clinical operations for more than 550 adult patients whoreceive care at our main facility in seattle, wa and at outreach clinicsthroughout…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE/MEDICAL DIRECTOR
Director/trustee, officer, 40.00 hrs/week
$297,961$0$70,987$368,948
CFO/COO (THRU 11/24)/BOARD TREASURER
Director/trustee, officer, 40.00 hrs/week
$183,716$0$23,680$207,396
PHARMACY DIRECTOR
Key employee, 40.00 hrs/week
$174,064$0$31,989$206,053
CLINICAL NURSE MANAGER
Highest compensated employee, 40.00 hrs/week
$150,207$0$32,465$182,672
CLINICAL PHARMACIST
Highest compensated employee, 40.00 hrs/week
$155,485$0$20,312$175,797
NURSE PRACTITIONER
Highest compensated employee, 40.00 hrs/week
$141,912$0$27,962$169,874
CONTROLLER
Highest compensated employee, 40.00 hrs/week
$145,335$0$15,632$160,967
CLINICAL PHARMACIST
Highest compensated employee, 40.00 hrs/week
$141,860$0$11,634$153,494

16 people received more than $100,000 in reportable compensation from Washington Institute for Coagulation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $809K (Part IX, line 5).

6 filings since 2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$50M$100M$150M$200M20202021FY2023FY2024FY2025$113M$102M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$113M$102M97.5%$65M$368,948
FY2024 ⓘ$122M$109M97.7%$54M$350,959
FY2023 ⓘ$114M$104M97.7%$40M$366,780
FY2022 (6 mo.) ⓘ$53M$50M96.3%$30M—
2021 ⓘ$104M$96M99.1%$26M$397,677
2020 ⓘ$23M$5.3M97.1%$18M$30,017

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 555
  • Volunteers Part I, line 66

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
UNIVERSITY OF WASHINGTON
Clinical services
$1,935,466
ISOUTSOURCE
It professional services
$541,753
VENTURE GENERAL CONTRACTING
Contruction services
$268,766
MULTICARE MARY BRIDGE CHILDREN'S HOSPITA
Medical staffing
$243,262
SEATTLE CHILDREN'S HOSPITAL
Medical staffing
$237,988

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Washington Institute for Coagulation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Washington Institute for Coagulation, you can publish a response that is linked from this page.

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Questions people ask

How much of Washington Institute for Coagulation's spending goes to programs?

In the fiscal year ending June 30, 2025, Washington Institute for Coagulation reported that 97.5% of its $101.7 million in expenses went to program services, 2.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Washington Institute for Coagulation pay its top executive?

The largest total compensation Washington Institute for Coagulation reported for one person in the fiscal year ending June 30, 2025 was $368,948, for the role of EXECUTIVE/MEDICAL DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Washington Institute for Coagulation get its money?

Of $112.7 million in revenue in the fiscal year ending June 30, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 98.3% from program service revenue (Form 990, Part VIII).

Is Washington Institute for Coagulation a registered charity?

The IRS lists EIN 83-2302258 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611279349303671 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521329349305507 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349312183 · read the filing
  • FY2022 (6 mo.): Form 990 for the 6-month short period ending June 30, 2022, object 202311359349309301 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203199349315545 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123189349300627 · read the filing

All filings for EIN 83-2302258: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.