Bloodworks
Bloodworks reported $167.5 million in revenue and $165.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.76 went to program services, $15.01 to management and general costs and $0.23 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 $1,066,270 (PRESIDENT & CEO). 200 people received more than $100,000 in reportable compensation. Revenue fell 16% between FY2020 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 $165MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 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 $168MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.34 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.7% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,066,270 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.65% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 200 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 10 | 88.9% |
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 expenseRecruit donors, collect, test, process and fractionate whole blood and components into transfusion ready products (whole blood, red blood cells, platelets, plasma and cryoprecipitate) for use in nearly 90 hospitals, primarily located in the pacific northwest
We are a research institute with over 75 years of research and discoveries. Bloodworks scientists have transformed patient care with breakthroughs in transfusion medicine, blood biology, blood storage, cancer therapies, organ transplantation. Bloodworks' scientists can be found in medical schools and at scientific forums sharing the latest blood science with doctors from around the region - and around the world
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 40.00 hrs/week | $974,485 | $0 | $91,785 | $1,066,270 |
| CHIEF SCIENTIFIC OFFICER Key employee, 40.00 hrs/week | $429,395 | $0 | $40,661 | $470,056 |
| CO-CHIEF MEDICAL OFFICER MED SVCS Key employee, 40.00 hrs/week | $395,202 | $0 | $40,661 | $435,863 |
| CO-CHIEF MEDICAL OFFICER MED SVCS Key employee, 40.00 hrs/week | $393,470 | $0 | $40,661 | $434,131 |
| EXECUTIVE VICE PRESIDENT Key employee, 40.00 hrs/week | $341,595 | $0 | $30,473 | $372,068 |
| CHIEF INFORMATION OFFICER Highest compensated employee, 40.00 hrs/week | $309,880 | $0 | $47,153 | $357,033 |
| EXECUTIVE VICE PRESIDENT Highest compensated employee, 40.00 hrs/week | $312,866 | $0 | $28,232 | $341,098 |
| ASHI MEDICAL DIRECTOR Highest compensated employee, 40.00 hrs/week | $290,013 | $0 | $46,519 | $336,532 |
200 people received more than $100,000 in reportable compensation from Bloodworks (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b10 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- 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 4Yes
- 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 51,041
- Volunteers Part I, line 6342
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| MEDIA PLUS Marketing consultant | $635,178 |
| NORTHWEST LOSS PREVENTION INC Security services | $508,704 |
| DS CONNECT LLC Marketing consultant | $454,098 |
| BLOOD BANK COMPUTER SYSTEMS Software maintenance | $415,042 |
| OPEN WORKS Commerical cleaning | $381,857 |
Individuals listed as contractors are left out. 36 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Bloodworks totaling $18,664 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Bloodworks's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bloodworks, you can publish a response that is linked from this page.
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Of every $100 Bloodworks spent in FY2025, $84.76 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Piedmont Walton HospitalMonroe, GA · revenue $167M · programs 85.8% · FY2025
- LA Clinica de LA RazaOakland, CA · revenue $168M · programs 79.1% · FY2025
- Luminis HealthAnnapolis, MD · revenue $167M · programs 27.1% · FY2025
- Fairview Heights Medical GroupscAlton, IL · revenue $168M · programs 94.5% · 2024
- Packard Children's Health AlliancePalo Alto, CA · revenue $167M · programs 91.1% · FY2025
Questions people ask
How much of Bloodworks's spending goes to programs?
In the fiscal year ending June 30, 2025, Bloodworks reported that 84.8% of its $165.1 million in expenses went to program services, 15.0% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Bloodworks pay its top executive?
The largest total compensation Bloodworks reported for one person in the fiscal year ending June 30, 2025 was $1,066,270, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Bloodworks get its money?
Of $167.5 million in revenue in the fiscal year ending June 30, 2025, 0.7% came from contributions and grants and 98.3% from program service revenue (Form 990, Part VIII).
Is Bloodworks a registered charity?
The IRS lists EIN 91-1019655 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 2019, 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 202641289349303804 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501299349303725 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401249349301645 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301309349301105 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211299349302221 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131249349301803 · read the filing
All filings for EIN 91-1019655: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.